Animal Fats

Animal Fats

Market Activity

Packer and Renderer BFT were offered out at $0.2300 Chicago by a few different sellers and as of press time, it was untraded. Chicago CWG was offered at $0.2100 with a matching result. Demand for material is weak at the moment and sellers are hoping to pique some interest with the lower prices.

Weekly Review

With the AFOA taking place in NY last week, the…

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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