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.
Weekly Recap
Soybean futures finished higher on a weekly basis for the second consecutive week. They have also closed higher for seven of the past eight weeks, as prices continue to break out to the upside. The May futures contract closed at 9.87, adding 31 cents per bushel this week, which follows the prior weeks’ 39-cent increase. May futures…