UCO, Grease Prices Slide on Pressure from SBO

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UCO, Grease Prices Slide on Pressure from SBO

Ryan Standard | 05.18.2023

PRICING NOTICE: Open consultation on methodology for Animal Fats

May 18th, 2023 (Fastmarkets Agriculture) - Fastmarkets Agriculture is inviting feedback from the industry on the pricing methodologies for Animal Fats as part of its announced annual methodology review process.

This consultation, which is open until June 18th, 2023, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting ...

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Limited Changes Due to Unsettled CME and Market Unease

Limited Changes Due to Unsettled CME and Market Unease

Animal proteins were called flat for the day. Unease has continued to be persistent in most agricultural markets, leading...

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Corn Gluten and DDGS Drop on Lackluster Interest

Corn Gluten and DDGS Drop on Lackluster Interest

Market Update

High levels of unease have been witnessed on all of the animal feed items, as reformulations are not...

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Good Volume Wet Blue Hides Sold During Week 19

Good Volume Wet Blue Hides Sold During Week 19

Hide trading was active for steers and heifers whereas several cowhide selections are still under negotiation. 

Buyers that are active...

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High Hide Inventories at Chinese Tanneries

High Hide Inventories at Chinese Tanneries

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May 18

Slaughter remains unchanged.

Despite upward pressure, good quality Buenos Aires wet salted heavy steer prices...

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Basis Levels on SBO Continue to Creep Higher

Basis Levels on SBO Continue to Creep Higher

Solid buying interest from the food and fuel industries continued to support basis levels on crude-degummed and refined, bleached,...

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Animal Proteins – International

Animal Proteins – International

International animal proteins were mixed for the week. Feathermeal and bloodmeal levels were within previously set ranges on steady...

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Role of Organic Farming in Decarbonization

Role of Organic Farming in Decarbonization

Organic farming practices have failed to make the agenda in many of the climate related conversations in Washington D.C. ...

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Drug Screening Incongruent with Changing Cannabis Laws

Drug Screening Incongruent with Changing Cannabis Laws

Normalizing cannabis markets is an iterative process that requires issue after issue to be solved with policy solutions or...

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10.18.2024

RIN prices fall week on week despite lower reported US biodiesel output

RIN prices fall week on week despite lower reported US biodiesel output

Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...

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10.18.2024

US DCO prices decrease amid quiet trade week

US DCO prices decrease amid quiet trade week

US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...

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10.18.2024

Lackluster trade volume keeps weekly US animal proteins prices mostly steady

Lackluster trade volume keeps weekly US animal proteins prices mostly steady

US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.

Several market participants told Fastmarkets it was a...

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