01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
Bean oil futures edged higher on Monday as adverse weather threatened some crops in the Farm Belt. Weather is now taking center stage in the grain complex, and bean oil will likely take its cues from the movements in beans. Light snow hit parts of the Dakotas and Minnesota, where temperatures could dip into the 20s Tuesday morning. While damage to grain crops is not expected to be significant, the…