Animal Fats

Animal Fats

Market Activity

Four cars of packer BFT traded at $0.3425 this morning, which was the sum of the reported action today. This week saw a heavy volume of packer material trade, 17 cars total at the $0.3425 price. Three cars of edible tallow traded at $0.3550 this afternoon. Renderer tallow was quiet this week with the market seemingly well sold on a formula basis. If there is no spot action by the end of trading Monday, the renderer price will be unquoted.

The USDA released…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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