05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Two cars of CWG traded at $0.3200 Chicago this afternoon, trucks were traded higher, $0.2750 – $0.2850 FOB Mo. River. Action in the tallow market was quiet, sources indicated good formula volume for July. The combination of high temps and lighter cattle are reported to be retarding shipment fulfillment this week.
Trading out of the Australian market was quiet this week, but price ideas were up by US$20 for export….