The market was quiet with little action reported

Category: Animal Fats & Oils

The market was quiet with little action reported

The market was quiet today with little action reported. From the sell side, light cattle weights are keeping tallow supplies tight and there have not been an reports of spot material openly offered, formulas offerings are similarly quiet. Sources reported that buyers aren’t showing much interest either due to some weakness at the CME today.

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Yellow Grease Grinds Higher as Momentum Continues to Surge

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Market is Fairly Flat

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American Fats and Oils Association

American Fats and Oils Association

Our Animal Fats and Proteins Editor, Ryan Standard, recently spoke at the American Fats and Oils Association meeting in...

Blog

07.23.2024

US House moves to extend biodiesel blenders tax credit

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A bipartisan bill to extend the $1-per-gallon biodiesel tax credit was introduced to the House of Representatives on July 18. The bill was sponsored by representative Mike Carey of...

07.23.2024

Fundamentals suggest CWG rally nearing an end

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The US bleachable fancy tallow (BFT) markets were steady from Monday July 22. A bid was heard for packer tallow at 52 cents per lb delivered Chicago, but could...

07.23.2024

Soybean meal futures weigh on porcine MBM market

Soybean meal futures weigh on porcine MBM market

Please note that Chloe Krimmel will be out of the office through Wednesday July 24. In her absence, please contact Ryan Standard.

Ruminant blood meal traded higher on...

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