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CWG markets softening amid seasonal demand trends

Alexandra Watts | 10.29.2024

The US animal fats and oils markets were stable to slightly lower on Tuesday October 29.

Choice white grease (CWG) prices were stable in the Missouri River market on Tuesday. However, sources have indicated that the market is softening in line with seasonal demand trends, with trades reported as low as 42 cents per lb throughout the day.

Since 2019, Missouri River CWG prices have increased just once from September to October.

In 2021, the monthly average was up by 1.69 cents per lb relative to September;...

Ruminant, porcine bloodmeal under price pressure in US animal proteins market

US animal protein prices were mixed on Tuesday October 29.

Ruminant and porcine bloodmeal were under price pressure...

US soybean harvest nears completion; winter wheat crop faces difficulties

The USDA published the 31st crop progress report for the 2024 growing season on Monday October 28, covering data...

Buyer demand grows for spready hides amid tight supply

Buyer demand for spready hides, such as heavy native dairy steers and heavy native dairy cows, was strong, but...

Crude-degummed soybean oil basis holding up at Gulf Coast

Physical markets for US vegetable oils remained largely subdued on Tuesday October 29.

Basis indications on soybean oil,...

US crude, kosher crude glycerin prices to increase amid uncertainty on biodiesel tax credit: sources

Crude glycerin supply is highly correlated with biodiesel production; it is a co-product of the biodiesel production process, and...

US CWG prices dip slightly amid increasing hog slaughter rates

The US animal fats markets experienced a quiet start on Monday October 28, with little change reported aside from...

US cattle slaughter forecast up w-o-w, down 2% y-o-y

Trading in the US animal proteins market was quiet on Monday October 28, with no price changes reported.

Central Illinois soymeal prices tumble to 3-year low: USDA

In the week to Friday October 25, the soybean crush margin in Central Illinois decreased by 2% week on...

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