05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Feather meal values continue to sink rapidly with prices off over $50 in some markets, again, this week. Trading out of the AL/GA market was done at $430. Trading out of the Carolinas was reported in a wide range, $460 – 500. The Carolinas and Delmarva markets were both reported at $450- 480. The Mid South market was reported at $500 – 525 with sources reporting pressure mounting due to cheaper values in the East. Sellers who are long on product seemingly can’t…