Three cars of choice white grease (CWG) traded down to 45 cts/lb Chicago today. Truck trading was indicated lower out of the Mo. River market as well, and trading was indicated at 50 cts/lb del US Gulf. Outside of the CWG market, trading was mostly quiet today. Soybean oil and heating oil rallied, but a continued dearth of demand from the renewable sector is limiting any optimism from sellers despite the higher prices at the exchanges today.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...