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...
Several factors appear in-play with glycerin values, all having an impact on the market. Biodiesel blending and cold freeze demand have seen market dynamics shift in recent weeks, while the export market has remained unchanged.
Biodiesel blending slowed in January. Recent EPA EMTS data shows domestic biodiesel blending was 122 million gallons in January, 10 percent below December. This reduced the supply of glycerin to the market, as glycerin is a by-product of biodiesel production. Despite the decline, January biodiesel blending...