The market was very quiet today with no changes reported. Choice white grease did trade in a steady range out of the Mo. River market. Soybean oil was up marginally on the January contract today, settling at 50.7 cts/lb. December settled at 51.54 cts/lb and March at 50.66 cts/lb. Heating oil was up by 9.62 cts/gal on the December contract. The move higher in hearing oil and soybean oil was partially offset by lower RIN values. However, buyers and sellers are likely more focused on logistics and availability with the Thanksgiving holiday next week.
…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...