US technical tallow, CWG prices decline; DCO production reaches two-month high

US technical tallow, CWG prices decline; DCO production reaches two-month high

Fifteen railcars of technical-grade tallow traded lower on Wednesday October 30 at 48 cents per lb on a Chicago basis. Additional deals were discussed throughout the day at even lower prices of 46-47 cents per lb, though these could not be confirmed before the market close.

Choice white grease (CWG) prices in the FOB Missouri River market also fell slightly on the day to 42-43 cents per lb amid trades reported within that range.

In the Gulf Coast markets, trading has been relatively limited this week, though bids for used cooking oil (UCO) into the region were reportedly down, as low as 44-44.5 cents per lb delivered for November and December.

The overall sentiment in the fats markets appears to be relatively stable to softer, as participants have reported some pushback from customers due to ample volumes available to meet demand, particularly within the feed sector.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

10.30.2024

P66’s renewable segment reports Q3 earnings loss of $116 million

P66’s renewable segment reports Q3 earnings loss of $116 million

On Tuesday October 29, Phillips 66 (P66) reported a third-quarter pre-tax loss of $116 million for its renewable fuels segment. The loss compares unfavorably to the $22 million profit...

10.30.2024

US technical tallow, CWG prices decline; DCO production reaches two-month high

US technical tallow, CWG prices decline; DCO production reaches two-month high

Fifteen railcars of technical-grade tallow traded lower on Wednesday October 30 at 48 cents per lb on a Chicago basis. Additional deals were discussed throughout the day at even...

10.30.2024

Avian flu hits 142 dairy cattle herds in California in last 30 days

Avian flu hits 142 dairy cattle herds in California in last 30 days

US animal protein prices were steady to lower on Wednesday October 30, with ruminant and porcine products rangebound for the day.

Fastmarkets assessed poultry by-product meal pet food,...

Latest Tweets