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A market analysis of US inedible grease notes yellow grease and choice white grease are marginal-value feed and biodiesel fats. CWG production in January-April 2018 rose about 55 percent year on year on higher hog slaughter, while biodiesel use of both greases rose in 2017.
Rising rendered fat supply from hog slaughter can weigh on fat prices used in feed, while steady biodiesel demand supports them, leaving the net price effect for feed buyers mixed.
decision-innovation.comJing TangOct 25, 2018After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
