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Blog

Cattle slaughter continues to lag 2022, 2023 levels

Alexandra Watts | 06.24.2024

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two cars of edible tallow traded up to 56 cents per lb Chicago.

Both renderer and packer grade bleachable fancy tallow (BFT) were quiet on Monday, although sources continue to suggest that tallow may be quietly trading at higher prices. Trading into the Gulf market was quiet as well, but sources commenting on tallow said "it will take 50 cents to get...

Hog slaughter slightly higher into July; May cattle placed on feed higher

The US domestic protein market was quiet on Monday June 24, with no price changes reported.

US hog...

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Central Illinois soybean crush margin tops previous high

Chicago Mercantile Exchange grain prices were mixed on Monday June 24, with the July CME soybean futures contract rose...

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Slow hide trading activity; buyers refuse to send deposits for open contracts

A few hide sellers reported an inactive weekend for June 22-23, with little trading and bidding expect for light...

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Slowing renewable diesel production may limit soybean oil demand

Monthly RIN generation under the Renewable Fuel Standard (RFS) for domestic renewable diesel production in the US has reached...

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Curaleaf to roll out hemp-derived THC product line

Much of the hemp-derived THC market has been fuelled by small business owners. Nimble, fast moving, and risk tolerant...

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Total RFS mandate 46% complete in May, buoyed by D4 production

The generation of Renewable Fuel Standard (RFS) RINs in the US has got off to a strong start, with...

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Fat market rally continues on tight supply, continued strong demand

Four cars of renderer bleachable fancy tallow (BFT) traded at 53 cents per lb Chicago basis on the morning...

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Lower summer demand weights on poultry meal market

The US protein market was quiet at the end of the week on Friday June 21, with no significant...

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Cattle slaughter continues to lag 2022, 2023 levels

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