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Blog

Gulf Prices Slide on Lower Projected Demand

Alexandra Watts | 03.25.2024

Trading was lower into the US Gulf market to start the week on trading done late Friday and again today.

Tallow prices fell to 41 cents lb delivered, and sources have reported that there is some demand disruption in the Chicago market, but nothing that suggests an imminent move lower in the tallow market.

Fat demand is expected to slow in April on planned downtime for at least two renewable plants in April and May. However, the potential for opportunistic buys...

Weekly cattle slaughter forecast higher following Easter holiday

There were no adjustments at the start of the week, with light trade reported.

Values on cash cattle...

Soybean Crush Margins Continue to Drop

DDGS prices were lower across the board on Monday March 25. Market participants said demand has slowed down due...

Automotive-intended hides under price pressure

The week began with no trades reported, but several sellers reported sales over the past weekend were at last...

US vegetable oil markets open week in dull mode

Cash markets were quiet on Monday March 25, with basis remaining at depressed levels for most...

Organic soybean meal imports accelerate

Organic soybean meal trading activity appears slow, but this has not stopped...

Weekly hemp recap

Last Week's Hemp Commentary

State Attorneys General Press...

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Strong 2024 D4 Production Weighs on RINs

The percentage standards for the 2024 Renewable Fuel Standard were made official back in June 2023 based on the...

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Market closes week on quiet note; CWG posts sharpest gain

**Ryan Standard will return to the office on Monday, March 25th.

The tone of the market was...

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EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

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Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
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