Proposal to discontinue yellow grease, FOB Pacific Northwest, New York assessments

The consultation period for the proposed discontinuation begins on Tuesday June 30.

A decision notice will be published 45 days pursuant to the initial consultation date, on Tuesday September 1, with the change effective, subject to market feedback, on Tuesday November 3.

The methodologies for the requisite assessments are as follows:

AG-GRS-0012 Yellow grease, fob US Pacific Northwest, cts/lb

Quality: Free fatty acids (FFA) max. 15%, moisture, impurities and unsaponifiable matter (MIU) max. 2%, FAC value max. 39
Quantity: Minimum three truckloads or one railcar
Location: Pacific Northwest, FOB production point
Timing: Shipment within 30 days following date of sale
Unit: USD cents/lb
Publication: Daily, 3pm US Central time

AG-GRS-0010 Yellow grease, fob New York, cts/lb

Quality: Free fatty acids (FFA) max. 15%, moisture, impurities and unsaponifiable matter (MIU) max. 2%, FAC value max. 39
Quantity: Minimum three truckloads or one railcar
Location: New York, FOB production point
Timing: Shipment within 30 days following date of sale
Unit: USD cents/lb
Publication: Daily, 3pm US Central time

These prices form part of the Fastmarkets fats and oils package.

All short-term forecasts associated with these prices, if any, will also be discontinued.

To provide feedback on this proposal, please contact pricing@fastmarkets.com and fats_oils@fastmarkets.com. Please add the subject heading: “re: Discontinuation of yellow grease, FOB Pacific Northwest, New York.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.