Choice white grease prices declined this week under the weight of large supplies and slow demand from Midwest biodiesel buyers as they move away from this feedstock with cooler temperatures approaching on concerns of cloud point issues. This is normal for this time of year and is reflected in the lower Missouri River 3-year average relative price to soybean oil futures for October of 68% versus the September average of 79%. The current relative price to…
04.29.2024
Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
04.29.2024
Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered. Outside of the Gulf market, trading was quiet with sources...
04.29.2024
Animal protein prices steady at start of the week
US animal proteins were steady on Monday April 29. Limited trade was reported, with multiple market participants are expected to attend the Petfood Forum in Kansas City, Missouri, this...