Ryan was out of the office today and Bill Dieterichs is taking his place. To bad so little went on this Friday.
A very slow day in the animal fat arena with only a few cars of BFT and Tech fat available, but no trading as I sense there were a lot of people sneaking out early. Earlier in the week industrial tallow users were heavy bookers of tallow and there were flat price buyers for Jan/Feb at current trading levels, but the sellers have no…
01.17.2025
US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC
The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion...
01.17.2025
Packer BFT ticks upward; most animal fats and oil markets close the week higher
Three cars of packer-grade bleachable fancy tallow (BFT) traded higher on Friday January 17, at 47 cents per lb, Chicago basis.
Outside of this trade, the US animal...
01.17.2025
Limited trade keeps US animal protein prices flat week on week
US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product...