Midwest waste fats slide further amid continued demand uncertainty

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Midwest waste fats slide further amid continued demand uncertainty

Multiple sources have indicated that several Midwestern biodiesel facilities are planning to idle production in January, citing growing uncertainty around renewable fuel credits such as the Clean Fuel Production Credit (45Z) and increasingly narrow operating margins.

Additionally, some plants are reportedly stepping away from the feedstock markets entirely, either temporarily for planned maintenance or due to challenges in affording material at current price levels.

One biodiesel producer confirmed they have been out of the market for weeks, ci...

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Ruminant meat, bonemeal, Missouri River, under price pressure

Ruminant meat, bonemeal, Missouri River, under price pressure

Most prices were rangebound on Thursday December 19, with wide price ranges continuing to persist due to the approaching...

Brazilian BFT prices at lowest level in almost 2 months

Brazilian BFT prices at lowest level in almost 2 months

Prices for the Brazilian tallow were broadly stable to lower in the week to Thursday December 19, with most...

US corn, soybean, soymeal export sales up week on week; below four-week average

US corn, soybean, soymeal export sales up week on week; below four-week average

Corn
US corn sales for 2024/25 were reported at 1.17 million tonnes in the week to Thursday December 12,...

US hide trading limited amid price resistance, sluggish demand

US hide trading limited amid price resistance, sluggish demand

The US hide market remained subdued with limited trading, according to market participants. Interest was reported in plump cow...

Slow global hide trading ahead of end-of-year holidays

Slow global hide trading ahead of end-of-year holidays

Brazil
Market activity remained on the low-side given the upcoming end-of-year holidays. Many market participants told Fastmarkets that the...

US soybean oil sales plunge 91%, exports down 18%

US soybean oil sales plunge 91%, exports down 18%

US soybean oil sales and exports for the 2024/25 marketing year fell in the week to December 12, according...

New Zealand ovine MBM prices supported on active demand

New Zealand ovine MBM prices supported on active demand

New Zealand ovine meat and bone meal (MBM), 55 pro, traded up this week to a range of NZ$1,450-1,525...

Farm Bill postponement offers hope to emabattled THCa segment

Farm Bill postponement offers hope to emabattled THCa segment

THCa markets have earned a reprieve from impending legislation that many stakeholders fear will make intoxicating hemp products illegal. Congress...

Blog

12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

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...

12.20.2024

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

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

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,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

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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