Animal Fats

Animal Fats

Market Activity

Edible tallow traded up to $0.3400 Chicago this afternoon, two cars in the 30 day position. Tech tallow remains quiet with bids/offers far apart, but given the edible trade at $0.3400 and sellers turning down last half April bids at $0.3150, the market is certainly going to trade higher than $0.2950.

CWG trading was done at steady levels today with sellers reporting strong demand from both the feed and biodiesel industry. Lard traded at $0.2900 Chicago.

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Blog

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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