Animal fat prices resilient despite sinking soybean oil futures
Five cars of packer bleachable fancy tallow (BFT) traded up, to 45 cents per lb Chicago basis on Friday...
Imports
The UK has opened an anti-dumping investigation into China as Europe wrestles with invasive import flows. The influx of Chinese biodiesel into Europe has resulted in an increased outflow of European biodiesel to the US.
US biodiesel imports reached an 82-month high of 62.8 million gallons in April, and European countries accounted for 74% of the total. Germany and Spain combined for 55% of the imports received.
Biodiesel imports in April were up by 79% month on month and by 55%...