It was an extremely quiet day with no spot trading reported. A couple of sources reported formula sales for January in the BFT Chicago market, but no spot trading, bidding or offering was reported. Late yesterday a seller reported a $0.1900 bid on Chicago Renderer BFT, but that was turned down.
Soybean oil has been sneaking higher, closing out the day at $0.3208 and up just under $0.05 since the middle of November. The higher price could lend some strength…
01.13.2025
Glycerin prices unchanged; buyers, sellers cautious about market trend
80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...
01.13.2025
Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks
The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
01.13.2025
Weekly hog slaughter forecast at 2.57 million into February
US animal protein prices were steady day on day on Monday January 13.
Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...