** Amanda is out of the office and will be returning February 14. Please contact Bob Lane at [email protected] during her absence**
U.S. biofuel policies had a strong impact on vegetable oil trade and demand during 2023. According to USDA data, U.S. biofuel policy “has created a wedge between U.S. prices and world prices, which has impacted global vegetable oil and processed oil trade volumes. U.S. vegetable oil exports in marketing year (MY) 2022/23 declined significantly while vegetable oil imports increased to a record high.”
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01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...