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.
…
09.18.2024
Waste plastic can improve SAF without increasing pollution, study says
Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...
09.18.2024
US animal fats, oils prices mixed as DCO production hits 2-month low
US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...