Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels & Feedstocks Event in Chicago.
Fastmarkets price assessment for technical tallow, fob Chicago was 48.50 cents per lb on one car, up from Monday’s range of 47 cents per lb.
Distiller’s corn oil (DCO), fob Missouri River for the week to Friday May 10 was at 39.53 cents per lb, down by 29.98%, or 16.85 cents per lb, from 2023 for the respective week. This is 36.89%, or 23 cents per lb, lower than the three year average for the same weeks.
…
09.06.2024
Signs of US economic downturn send ULSD prices to 3-year low
Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...
09.06.2024
US fat market slides on pressure from soybean oil, energy complex
Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...
09.06.2024
Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...