Fat Prices Continue to Erode

Fat Prices Continue to Erode

**Please Note – Ryan Standard will be at the NARA Conference in Naples, FL for the remainder of the week. In his absence, please contact Amanda Luhavalja at [email protected].**

Trading was fairly active in the animal fat market on Thursday, again at mostly lower levels. The market has been caught in a downdraft between eroding demand and tumbling soybean oil and RINs prices. The North American Renderers Association (NARA) conference in Florida concludes on Friday.

Choice white grease (CWG) prices continued to leak lower amid weak buying interest from the biofuels sector. Ten railcars traded at 50 cts Chicago. The bulk of CWG trading out of the Mo. River was between 46-47 cts/lb FOB. At the Gulf, yellow grease traded down to 45.75-46 cts/lb delivered, while used cooking oil moved down more than 2 cents with trading at 45.50-45.75 cts/lb. 

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