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Blog

Palm premium, tight nearby supplies spur rally in animal fat market

Alexandra Watts | 05.22.2024

Used cooking oil (UCO) traded higher into the Southeast market on Wednesday May 22, up to 42 cents per lb delivered. Gulf prices were indicated steady at 43-44 cents per lb delivered for domestic product.

Tallow prices were higher into the Gulf on Wednesday, with trading done in a range of 43.5-44.5 cents per lb.

Buyers who had previously taken long positions in the palm market have worked through that supply and are filling in their fat needs with grease and tallow.
The surge in demand from...

Ruminant MBM well priced versus nearby soybean meal

Trading for meat and bone meal (MBM) was quiet on Wednesday May 22, with no changes reported and several...

US ethanol output hits 6-week high; stocks slip

Grain prices on the Chicago Mercantile Exchange rose on Wednesday May 22. The July soybean futures contract increased by...

Price discounts spark hide interest; wet blue demand from footwear tanners moderate

Rumors of deals offered by a few cow hide sellers brought moderate demand from Chinese buyers overnight on May...

Cash market starts to mop up excess soybean oil supply

Some of the excess soybean oil supply that has saturated the US interior cash market is being "cleaned up,"...

RINs rally as EPA’s 3.5% solution flounders

Deficits in the Renewable Fuel Standard (RFS) program soared by 50% and Renewable Identification Number (RIN) prices climbed by...

Potential trade restrictions on Chinese UCO face headwinds due to price premium

Three railcars of packer bleachable fancy tallow (BFT) were traded as high as 42.5 cents per lb Chicago basis...

Animal protein prices steady to lower ahead of Memorial Day; US SC port times extended following stoppages

Limited trade volumes for animal proteins in the US have been reported for the week beginning Monday May 20....

US soybean planting above 5-year average but down year on year

Chicago Mercantile Exchange grain prices mostly fell on Tuesday May 21. The July CME wheat futures contract showed the...

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

Resale European hog runner:
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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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Palm premium, tight nearby supplies spur rally in animal fat market

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