
US animal fats and oils prices were largely steady in the week to October 30, with modest moves as selective renewable diesel buying and ample nearby supplies offset firmer forward expectations. Gulf Coast January values were discussed at premiums to November and December, while used cooking oil and tallow assessments held near 70-71 cents per lb.
Renewable Fuel Standard obligations and strong renewable diesel economics support feedstock demand into the new year, which underpins fats and tallow values and competes with meal and feed-fat supply for buyers.
Not 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.