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...
The fat market was very quiet this afternoon with little trading reported. CWG was mostly steady out of the Mo. River market trading between $0.2300 and $0.2500 FOB. The top end of the range represents the feed market which is paying a bit of premium to the biodiesel industry, which is more represented by the bottom end of the spread.
Light trading out of the Mo. River…