Does anyone have a link to a history chart of the Yellow Grease commodity price?! I have this link that I believe gives the current price but not sure how often it gets refreshed (if at all):

http://www.ams.usda.gov/mnreports/nw_ls442.txt

Just wondering if the price trend is up or down lately (hopefully down...

Over the past 5 years the price has fluctuated from 12 to 16 cents per pound, with some dips as low as 9 and peaks of near 20.

Today's price of $24 per hundredweight is traditionally high, but down from a high of 29 a few weeks ago.

I have tried to find historical data too but had no luck. This I've said here is from memory, from tracking the price for my aunt when she was a 'grease wrangler'.

There's been lively debate in the past few months on why the high prices: biodiesel demand, low supply, monetary inflation, commodity bubbles, all likely contributing in some way.

Will the price drop? My inclination is that we are settling in to a 'new normal' price of 20-25 cents per pound for the foreseeable future, but anything could happen.

That price is for yellow grease, that is after it has been settled or dried or filtered, ready for use in animal feed or whatever the use may be.

quote:

Originally posted by fabricator:
That price is for yellow grease, that is after it has been settled or dried or filtered, ready for use in animal feed or whatever the use may be.

Yep. <5% water, (very) randomly sampled for contaminants, the denser the better.

quote:

Originally posted by clean and green:
Yep. <5% water, (very) randomly sampled for contaminants, the denser the better.

In my experience buying and selling tanker loads of yellow grease through brokers in the US, the specification is less than 1% MIU - moisture, insolubles, and unsaponifiables, and under 15% FFA. All prices FOB source.

1% makes more sense than 5%. I was shocked when my aunt told me that was the standard they had to meet. Since they heated their oil in 20 foot tall tanks (and used plenty of what they didn't sell as fuel), they never got close to 5% water in their finished product anyway. Thanks for the correction.

Looks like yesterday's price for Y grease is $22.50 - does this mean we're on a downward trend?! Someone else in a seaparate thread indicated the market is falling - is it real?!

How is this effecting your collections - i need to scout for more oil soon, just wondering?

Looks like the commodity price for Yellow Grease as of today (9/24) is $22.00 - down 50 cents from last time I checked...

good I hope it keeps falling and some of the large renderers start choking on their payments to restaurants