Fat trading in the southeast was higher today with AL/GA poultry fat moving up $0.02 to $0.2400 FOB. Trading in the Carolinas was higher on YG and PF, $0.2475 – 0.2525. Strong demand from bio and feed continue to give those markets strength.
UCO values for July were indicated at $0.2700 delivered, but starting to get some push back due to the proximity to soybean oil. The same holds true for biodiesel plants seeing $0.2800 – 0.2900 delivered offers for…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...