Lack of Nearby Demand Keeps a Lid on Market

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Lack of Nearby Demand Keeps a Lid on Market

Alexandra Watts | 01.24.2024

Packer bleachable fancy tallow (BFT) traded steady today at 41 cts/lb Chicago for three cars. Three cars of choice white grease (CWG) traded steady at 36.5 cts/lb Chicago as well. The rest of the market was similar to Chicago today, steady. There was some trading done into the Manly, IA market at higher prices, up to 46.5 cts/lb delivered.

Exogenous market factors have led to a fairly disrupted and quiet market to start the new year, mainly weather, which has limited trade and...

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Ethanol Production Near 3-Year Lows, Stocks Rise

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Price ranges for wheat midds showed a decrease in the Kansas City, Minneapolis, and Buffalo markets. Market...

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Packer Hide Demand Remains Slow

Packer Hide Demand Remains Slow

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SBO Crude-Degummed Cash Basis Continues to Sink

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Basis on crude degummed (CD) soybean oil in central Illinois and the Gulf shifted lower yet again this week....

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The Hemp Feeds Coalition announces major progress in the effort to gain...

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Senators Introduce Bill Looking to Drive SAF Production, Development

Senators Introduce Bill Looking to Drive SAF Production, Development

*Please Note – Bob Lane was out of the office today but will return on Wednesday, January 24, 2024.

U.S....

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Distiller’s Corn Oil Prices at Multi-Month Low vs SBO

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The animal fats market was mostly flat today with not much action reported, and the trading that did come...

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Wheat Export Inspections Surge, Soybean and Corn Tumble

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According to recent reports, corn gluten feed was slightly weaker and corn gluten meal continues to drop. Market participants...

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10.17.2024

US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables

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The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.

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10.17.2024

US fats and oils markets quiet amid industry event; DCO production up

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The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.

The...

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10.17.2024

US animal proteins market steady on October 17

US animal proteins market steady on October 17

US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.

September USDA Feed Outlook
Grain consuming animal units (GCAUs)...

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