The fat market was mostly quiet to start the week. Packer BFT remains offered and untraded at $0.2900 Chicago and Tech at $0.3000 Chicago. Buyers are reporting a comfortable position right now and don’t feel the need to venture in and stop what could be further declines.
CWG traded in good volume at $0.2450 this afternoon.
The weekly average price for fats fell across the board last week. Pressure from strong supplies of…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...