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Darling Ingredients' Todd Mathes told the International Rendering Symposium in Atlanta that about 4.4 billion pounds of used cooking oil is collected annually in the US and Canada. He described its uses in feed, pet food, and biofuels such as biodiesel and renewable diesel.
Rendered fats and used cooking oil feed biofuel and feed fat supplies, so growing renewable fuel demand supports fat prices. The article is a general industry presentation with no new price-moving event.
zootecnicainternational.comZootecnicaFeb 17, 2017Not enough comparable past events yet for a historical read.
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.
