CWG market was well sold for Oct / Nov

CWG market was well sold for Oct / Nov

Four cars of packer BFT traded at $0.2600 Chicago this afternoon with an additional four offered and unsold at that price. Tech tallow was offered at $0.3200 Chicago and unsold as of press time.

CWG trading was reported steady in trucks out of the Mo. River market, $0.2400 – 0.2500 with light volume reported as low as $0.2350 and as high as $0.2550. There was a bid for Chicago CWG at $0.2500, but no sales were reported as of press time. Sources indicated that the nearby CWG market, particularly the rail market, was well sold for Oct/Nov.

Yellow grease trading was lower out of the Illinois market, bottoming out at $0.2350. Carolinas action was lower as well, $0.2650 – 0.2700. Poultry fat action was steady out of the Mid South, but reported lower into the Carolinas and Delmarva markets. Given the weaker tone to the market, sellers seem to be discounting material in order to keep it moving.

Please contact Ryan Standard at 563.223.9021 or [email protected] with any questions, comments or trading.

 

Blog

05.01.2024

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...

05.01.2024

Distillers’ corn oil production moves higher

Distillers’ corn oil production moves higher

Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.

Used cooking oil (UCO) and yellow grease traded...

05.01.2024

Animal protein prices steady amid avian flu outbreak

Animal protein prices steady amid avian flu outbreak

US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...

Latest Tweets