Light trading on Thursday; September livestock slaughter
There was limited price movement in the US animal protein market on Thursday October 24, with several market participants...
Four cars of packer-grade bleachable fancy tallow (BFT) traded lower on Thursday October 24, settling at 43 cents per lb in the Chicago market.
This decline follows a downward trend observed in the Chicago renderer BFT market on Wednesday, although prices remained stable on Thursday at 44 cents per lb.
Sources attribute the week’s price dip to a lack of demand, leading some participants to adopt a bearish outlook for the remainder of the year.
“Soybean upward movement ma...