Nearby Supply Continues to Weigh on CWG Spot Market

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Nearby Supply Continues to Weigh on CWG Spot Market

Alexandra Watts | 12.11.2023

The market was fairly quiet on Monday, but choice white grease (CWG) did trade lower out of the Mo. River market. Heavy spot volume continues to weigh on the nearby market with December shipment material selling at the lower prices.

Used cooking oil (UCO) was lower into the Gulf market for December and January arrival. The low...

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Hog Slaughter Forecast to Close Out 2023 above Prior Year

Hog Slaughter Forecast to Close Out 2023 above Prior Year

Limited trade was reported for the start of the week. Participants called the market quiet for Monday.

For...

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Central Illinois Soybean Market Continues to Drop

Central Illinois Soybean Market Continues to Drop

Today's report suggest that DDGS prices had a slight decrease in Illinois, Indiana, Michigan, and Ohio. Market participants have...

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Strong Buyer Disinterest in Wintertime Hides

Strong Buyer Disinterest in Wintertime Hides

The week began with a quiet tone across the market. Tanneries in Mexico will begin to close for the...

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Cash Soybean Oil Basis Erodes Further

Cash Soybean Oil Basis Erodes Further

Over the last week, U.S. interior soybean oil basis levels on crude-degummed (CD) and refined, bleached, and deoderized soybean...

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Organic Soybean Meal Prices Steady

Organic Soybean Meal Prices Steady

Organic soybean meal prices remain steady on the East Coast, with merchandisers...

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Weekly Hemp Recap

Weekly Hemp Recap

Last Week's Hemp...

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SAF Output Surges, Robust Policies Still Needed to Drive Growth: IATA

SAF Output Surges, Robust Policies Still Needed to Drive Growth: IATA

**Bob Lane was out of the office today and will return on Monday, December 18, 2023. In his absence, please...

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Fat Market Slides on Heavy Nearby Supply, Cuts in Feed Demand

Fat Market Slides on Heavy Nearby Supply, Cuts in Feed Demand

There was a lot of activity today to close out the week, mostly at lower prices. Negative pressure had...

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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...

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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...

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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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