Chinese UCO prices climb on stronger global biofuel demand

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Chinese UCO prices climb on stronger global biofuel demand

Choice white grease (CWG) traded lower out of the Carolinas market on Friday December 13, in what was the lone bit of action reported for the day.

“Holiday mode is starting to set in,” one source said in reference to the quiet market.

Market participants are starting to shift their focus toward January trade ideas and holiday logistics.

For the week through December 13, the animal fats market was largely steady to lower.
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Trend of higher ruminant bloodmeal prices continues

Trend of higher ruminant bloodmeal prices continues

Ruminant meat and bone meal (MBM) was lower out of the Illinois market on Friday December 13, and feathermeal...

Sausage casings bulletin, December 13, 2024

Sausage casings bulletin, December 13, 2024

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US corn, soybean meal futures slide for third straight day

US corn, soybean meal futures slide for third straight day

Chicago Mercantile Exchange grain prices fell on Friday December 13, with the January soybean futures contract decreasing by 7.50...

Cattle slaughter projected to soften further in 2025

Cattle slaughter projected to soften further in 2025

The US hide market experienced subdued activity during the week-ended Friday December 13, as participants navigated various challenges including...

November US soybean crush likely fell from record high: sources

November US soybean crush likely fell from record high: sources

Market sources' average crush estimate for November was around 196.5 million-197 million bushels of soybeans.

NOPA reported the October...

California LCFS credit volumes rise, prices fall week on week

California LCFS credit volumes rise, prices fall week on week

California Low Carbon Fuel Standard (LCFS) credit volumes were up sharply while the average credit price declined in the...

Grease prices continue to soften while Gulf UCO trades stable to higher

Grease prices continue to soften while Gulf UCO trades stable to higher

The US animal fats and oils markets continued to show mixed dynamics on Thursday December 12, with tallow markets...

Looming port strike adds negative price risk to animal protein markets: sources

Looming port strike adds negative price risk to animal protein markets: sources

Negative sentiment continued to hang over the meat and bone meal (MBM) markets on Thursday December 12, although trading...

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