01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
According to the EIA’s Weekly Petroleum Status Report, ethanol production dropped 1.76% to 947,000 barrels per day (b/d), as stocks climbed 2.42% to 21.594 million barrels. The lower production narrowed the ethanol industry’s demand for corn to 14.1 million bushels per day from 14.36 m/b, a 253,000 bushel a day decrease from the prior weeks average.
Ethanol production over…