UCO Trades Higher into EU Market, Negative Pressure Persists in US and ANZ

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UCO Trades Higher into EU Market, Negative Pressure Persists in US and ANZ

The beginning of 2024 has been somewhat quiet with not a lot of activity reported to start the new year. Some of the higher acid fats were reported lower out of the Australian market, and tallow indications were lower out of New Zealand this week. Most sources indicted strong demand for the first and second quarters from the renewable sector, but...

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U.S. Weekly Ethanol Production Drops, Stocks Rise

U.S. Weekly Ethanol Production Drops, Stocks Rise

Reports suggest the price range for wheat midds decreased in Minneapolis and Kansas City, while Buffalo increased....

Heavy Supply of Jumbo Weighted US Steer Hides

Heavy Supply of Jumbo Weighted US Steer Hides

Buyers were active in the hide market today, bidding on cow and jumbo weighted steer material. Some sellers stated...

Paraguayan Wet Blue Hide Production Reach Record Lows in 2023

Paraguayan Wet Blue Hide Production Reach Record Lows in 2023

Argentina

January 4

Last week, wet salted hide prices rose 3 cents per kg.
Good quality Buenos...

Unsettled Soybean Oil Market Continues into 2024

Unsettled Soybean Oil Market Continues into 2024

Operations at Bunge's Decatur soybean crush plant in Indiana were halted last week due to a damaged natural gas...

International Animal Proteins – 04-01-24

International Animal Proteins – 04-01-24

International animal proteins were called flat for the last two weeks, with limited trade reported in most regions. Very...

Organic Feed Markets Move Sideways into 2024

Organic Feed Markets Move Sideways into 2024

Organic feed commodity markets continue unchanged as the new year commences.  Besides...

Hemp Battery Maker Plans Wisconsin Factory

Hemp Battery Maker Plans Wisconsin Factory

A startup battery manufacturer is advancing their plans in Wisconsin to manufacture...

Domestic Soybean Crush Eased in November: USDA

Domestic Soybean Crush Eased in November: USDA

*Please Note – Bob Lane will be out of the office through Friday, January 5, 2024, returning on Monday,...

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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