Buyer pushback remains the central theme in the bloodmeal market, even as some sources reported a rise in seller offerings against uneven demand.

After a six-month-long period of stagnation and a downward price movement, the European animal fat prices rebounded in early March and continued to move up through April, supported by increased demand and competitiveness against vegoils, which jumped as a result of the war in the Middle East and crude oil rally.

Global animal protein complex prices were mixed to mostly firmer in the week to Thursday April 9.

Crop-based biodiesel became cheaper than fossil diesel in the EU for the first time on Thursday April 2, when premiums for core crop grades FAME 0 (fatty acid methyl ester 0) and RME (rapeseed methyl ester) over ICE gasoil fell into negative territory.

From renewable diesel pulling animal fats out of feed rations to cattle supply tightness that won't resolve until 2027, Fastmarkets' US and European price reporters unpack the structural forces rewriting the rules of the animal fats and proteins market.

Strong demand pushed European biofuel feedstock prices further up during the week ending Thursday March 19, with sources reporting used cooking oil (UCO) trading at a €20 per tonne premium to last week’s levels, while category 3 animal fat prices moved up by €5-20 per tonne depending on the grade.

US animal fats and oils markets have moved higher in recent weeks alongside gains in soybean oil futures and diesel values, with improving renewable diesel and biodiesel economics driving stronger demand for feedstocks.

Feedstock markets extended gains on Thursday February 26 as compliance optimism and stronger energy fundamentals continued to fuel buying interest.

Fastmarkets proposes to discontinue its weekly price assessments for AG-TLW-0028 Category 3 bone fat, high grade, 5% ffa, 98%, max 200 ppm polyethylene, ddp Northwest Europe and AG-TLW-0029 Category 3 pure beef tallow, 10% ffa, 99%, ddp Northwest Europe.

Based on market feedback received and data collected, Fastmarkets has changed the free fatty acids (FFA) content to a maximum of 5% and iodine value (IV) to a minimum of 70 grams of iodine/mercury (hg), to reflect a specification used more commonly in the market. The updated quality specification of the prices are as follows: […]