After a period of higher prices for fats in the US — particularly bleachable fancy tallow (BFT) and choice white grease (CWG) — several buyers in the biofuel sector have moved toward crude degummed soybean oil as a substitute.
This trend has resulted in more resistance to higher prices among some buyers, but trading was done at higher levels on Wednesday July 24 in several markets.
Prices for BFT delivered into the Gulf were stable on Wednesday at 51 cents per lb, supported by price indications received at the assessed level and moderate market activity in the region.
CWG traded higher out of the Missouri River market, and yellow grease prices were steady on an FOB Midwest basis.
Used cooking oil (UCO) traded at 48.5 cents per lb delivered US Gulf, and distillers’ corn oil (DCO) was steady, trading at the previous reported price of 51.5 cents per lb.
…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...