RIN Markets Weigh on Fat Prices

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RIN Markets Weigh on Fat Prices

Alexandra Watts | 02.21.2024

Distiller’s corn oil (DCO) prices fell Wednesday on continued pressure in the FOB truck market as well as from lower bids and trading into the Gulf market. Trades into the Gulf were done at 47.5 late yesterday and today and FOB values for truck trading were indicated broadly in a range of 40 – 44 cts/lb, but the bulk of verified action was within today’s printed ranges.
Soybean oil futures fell for the fifth consecutive session on the CME today, closing at a 45.37...

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Porcine BM Moves at an Inverse to Ruminant BM

Porcine BM Moves at an Inverse to Ruminant BM

For Wednesday, meat and bonemeal as well as feathermeal were reported within the previously set ranges. The chicken meal,...

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Soybean and Wheat Export Inspections Drop, Corn Rises

Soybean and Wheat Export Inspections Drop, Corn Rises

Price ranges for corn gluten meal remained relatively stable throughout the day. However, there were reports on corn gluten...

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Wet Blue Export Shipments Rise Week-on-Week

Wet Blue Export Shipments Rise Week-on-Week

The hide market remained relatively steady, with sources reporting no recent trades and agreeing with the current price ranges....

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Soybean Oil Basis Contained by Ample Supply, Limited Demand

Soybean Oil Basis Contained by Ample Supply, Limited Demand

Crude-degummed (CD) and refined, bleached, and, deodorized (RBD) soybean oil basis indications were steady to a touch firmer this week....

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SOE Presents Opportunity for Some

SOE Presents Opportunity for Some

The Strengthening Organic Enforcement Act (SOE) is set for implementation in a...

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Florida Legislators Target Hemp-derived Cannabinoids

Florida Legislators Target Hemp-derived Cannabinoids

Florida is one of the latest states poised to shut down the...

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Crude Glycerin Prices Moving Sideways

Crude Glycerin Prices Moving Sideways

Several factors appear in-play with glycerin values, all having an impact on the market. Biodiesel blending and cold...

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Tech Tallow, Lard Prices Fall to Start Trading Week

Tech Tallow, Lard Prices Fall to Start Trading Week

Technical tallow traded down to 50.5 Chicago today on a ten car trade and a car of lard was...

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Biofuel producers use record levels of vegetable oils in October; capacity holds steady: EIA

Biofuel producers use record levels of vegetable oils in October; capacity holds steady: EIA

US biodiesel and renewable diesel (RD) producers used a record 2.1 billion lb of vegetable oils in October as overall capacity remained unchanged.

US biomass-based diesel (BBD) capacity...

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US fat markets start year on active note; DCO, ethanol production up on week

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The US animal fats and oils markets kicked off the new year with notable activity on Thursday January 2.

Most of the activity was yet again concentrated in...

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Brazilian tallow market remains quiet following New Year holiday

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