Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

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Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

Alexandra Watts | 01.13.2025

The US animal fats and oils markets began the week on a quieter note on Monday January 13, as

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 released last on Friday January 10.

Although sources have noted that the news is likely bullish for the fats markets, it has temporarily slowed trade, with much of the industry likely focusing on formulating strategies in response.

“ might take a bit to see some t...

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Weekly hog slaughter forecast at 2.57 million into February

Weekly hog slaughter forecast at 2.57 million into February

US animal protein prices were steady day on day on Monday January 13.

Chicago Board of Trade (CBOT)...

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Central Illinois soybean meal prices below weekly, yearly levels

Central Illinois soybean meal prices below weekly, yearly levels

In the week to Friday January 10, the soybean crush margin in Central Illinois decreased by 9.4% week on...

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US hide trading begins week on slow note

US hide trading begins week on slow note

The US hide market showed minimal activity on Monday January 13, with no new trades reported. Market participants noted...

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March soy oil futures end shy of $0.46 per lb after 45Z draft guidance

March soy oil futures end shy of $0.46 per lb after 45Z draft guidance

US soybean oil futures prices pressed higher on Monday January 13, topping $0.46 per lb at one point as...

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Canadian government awards $11 mln in renewable fuels grants

Canadian government awards $11 mln in renewable fuels grants

Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of...

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Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on...

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Sausage casings bulletin, January 10, 2025

Sausage casings bulletin, January 10, 2025

Runner market commentary
Table 1

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Table 2

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USDA cuts WASDE corn, soybean production

USDA cuts WASDE corn, soybean production

The USDA’s January release of the World Agricultural Supply and Demand Estimates (WASDE) report on Friday January 10 provided...

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