A big trade, seven cars, of renderer tallow was done today at $0.2900/Chicago. Multiple sources continue to report strong interest from the oleo chemical and soap sector for March and April. Favorable economic conditions may lend themselves to strong oleo demand throughout the year. BFT prices, as seen in Figure 1, typically increase though the spring into early summer. It is worth noting that the Jan and thus far the Feb BFT monthly averages are the lowest in the…
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...