Trading was very quiet this afternoon with no changes reported.
The FAS released export data today, showing a drop in inedible tallow exports from April. May’s 27.3 KT was off 4.7 KT from April and 1.7 KT from May of 2017. Mexico was the largest importer in May with Singapore’s intake slowing to 5 KT, putting that market at 58.4 KT through May. Mexico is the second largest importer at 51.5 KT followed by Canada at 10.4 KT.
Figure 1.
11.18.2024
EIA reduces US biomass-based diesel consumption forecast for 2024, 2025
The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...
11.18.2024
UCO prices rise to start week; December cattle slaughter expected to decline
Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...
11.18.2024
Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand
US animal proteins were steady to higher on Monday November 18.
Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...