It was a busy afternoon with a good amount of tallow trading reported. Packer BFT traded down a ½ cent, $0.3300 Chicago in thirteen rail cars for May shipment. Tech tallow was reported at $0.3700 Chicago and edible traded at $0.3900. Sources remarked that some in the biodiesel sector are leaning on bean oil a bit more and this, combined with an increase in May production has pushed the market slightly lower.
Figure 1.
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11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...