Animal Fats

Animal Fats

Market Activity

Three cars of CWG traded steady at $0.3125 Chicago this afternoon. Action in the truck market was reported steady. Yellow grease trading was a bit lower today, $0.2675 FOB IL on the low side of the range.

Most buyers and sellers were content to sit on the sidelines today and take in the wild ride that is the CME. Bean oil values were off 45 points for the August contract and 47 for October. September corn settled 15 and ¾ points lower, the fat…

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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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