International Animal Fats and Oils 29.02.24

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International Animal Fats and Oils 29.02.24

Alexandra Watts | 02.29.2024

Price levels for imported used cooking oil (UCO) were relatively flat this week, with selling ideas indicated in the range of $900-950/mt CIF Amsterdam, Rotterdam, Antwerp, Ghent (ARAG). The price within the range was dependent on volumes and quality. 

Some slightly firmer bids were heard in the European UCO market, up from €990-1,000/mt DDP ARAG indicated earlier this week, while no confirmed trade was reported at the time of publication.

In the vegetable oils sector, crude palm oil (CPO) was reported traded Wednesday at $957.50/mt...

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Grain Export Sales Increase Week-on-Week

Grain Export Sales Increase Week-on-Week

Most CME grain prices had an upward trend on Thursday. The only grain market with a decrease was March...

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Automotive Tanners Remain Absent from Hide Market

Automotive Tanners Remain Absent from Hide Market

Trading was active in the US hide market for Butt Branded Steers (BBS), Colorado Branded Steers (CBS), Heavy Texas...

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Lineappelle Fair Fails to Drive Market Direction

Lineappelle Fair Fails to Drive Market Direction

Argentina

February 29

Slaughter remains unchanged from last week.
Good quality Buenos Aires wet salted heavy steers...

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Biofuel Industry Canola Oil Demand Reaches All-Time High in December

Biofuel Industry Canola Oil Demand Reaches All-Time High in December

** Amanda is out of the office until Friday, March 1. In her absence, please contact Bob Lane -...

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International Animal Proteins 29.02.2024

International Animal Proteins 29.02.2024

Most values in the global protein market were steady to lower for this week. Bloodmeal in the Australian market...

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U.S.Organic Premiums Contrast with Europe’s

U.S.Organic Premiums Contrast with Europe’s

While the organic grains markets in Europe continue to face significant headwinds,...

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Wisconsin Hemp-based Battery Company to Break Ground in April

Wisconsin Hemp-based Battery Company to Break Ground in April

The closing of Energizer’s Fennimore and Portage battery plants could have just...

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Economic Advantage of Reduced BOHO Offset by RIN Decline

Economic Advantage of Reduced BOHO Offset by RIN Decline

The biomass-based diesel market finds itself in a challenging environment. The soybean oil-to-heating oil (BOHO) spread is used...

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The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

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US animal fats and oils end week softer across the board ahead of holiday slowdown

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Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

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December cattle on feed down on month, year

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Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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