CWG trades lower as broader animal fats markets hold steady

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CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and impending industry changes.

The only notable trades reported were in the choice white grease (CWG) market, with trucks trading at 42.0-42.5 cents per lb FOB Missouri River.

Meanwhile, price indications for used cooking oil (UCO) delivered into the Gulf Coast held steady at a four-month high of 46 cents per lb.

Tallow...

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