Used cooking oil (UCO) traded higher on Monday, with reports in a range of 43 – 43.5 cents per pound delivered US Gulf today for domestic material. Choice white grease traded in light volume at 37 cents per pound. Other items were steady for the Monday with several market participants attending the National Institute of Oilseed Products (NIOP) in Palm Springs, California.
US Cattle Slaughter Forecast
Cattle slaughter finished last week at an estimated 586,000 head last week, down 5.07 percent from the same week last year but up 0.86 percent from the week prior. The Jacobsen is forecasting slaughter at 610,000 head this week and at an average of 615,830 head over the next six weeks.
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05.09.2024
Michigan among growing list of US states incentivizing SAF
Following the passage of federal tax credits for production of sustainable aviation fuel (SAF), state governments across the US have been implementing tax credits of their own to secure...
05.09.2024
US fat exports hit multi-month high on shipments to Singapore
Four cars of packer bleachable fancy tallow (BFT) and four cars of choice white grease (CWG) traded higher on a Chicago basis on Thursday. Packer BFT was up to...
05.09.2024
Ruminant meat and bonemeal relative to CBOT soybean meal drops
US animal protein prices were steady on Thursday May 9 following multiple reports of limited trade.
Ruminant meat and bonemeal relative to soybean meal
Ruminant meat and bonemeal...