The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
Bids for tallow delivered into the US Gulf were reported as high as 46 cents per lb, but no trades were confirmed.
Choice white grease (CWG) inched higher, trading at 43.5-44 cents per lb FOB Missouri River, driven by continued strong demand, particularly for truck volumes.
But one source said that upcoming harvest pressure could lead to seasonal adjustments in feed rations, which historically has resulted in lower fat usage heading into the fall.
In the distillers’ corn oil market, trading was quiet with no price changes, though October bids for Midwest-delivered material were heard at 41-42 cents per lb.
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11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...