Tech tallow traded in good volume at $0.3050 into the Gulf market as well as Chicago. Two cars of packer BFT were reported at $0.2800 Chicago as well.
Ten trucks of YG traded at $0.2400 Illinois in what was otherwise a quiet market. Sources did suggest that bids are out at lower prices for next week, especially from the biodiesel buyers. At 300% – 350% the price of corn, YG has a value of around $0.2075 -0.2400 cts. Sources have commented that the lower…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.