The US market for animal fats and oils was quiet on Wednesday October 16, with many industry participants in Nashville for the American Fats and Oils Association meeting.
A railcar of technical tallow did trade at 49.5 cents per lb Chicago basis, up a one-half cent per lb from the last traded level.
The tone of the meeting has been somewhat bearish due to the lack of certainty regarding tax credits.
Historically, the tallow market has moved lower in the fourth quarter because of inventory drawdowns and an increase in supply.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
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US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
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US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...