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.
Trading was quiet in the tallow market today. There was a bid/offer spread of $0.3300 – 0.3400 Chicago for June delivery on BFT. Tech/Ed quotes were non-existent today. Sources reported heavy formula volume for May.
CWG trading was done in good volume at the bottom end of the range, $0.2800 FOB Mo. River. Sources have commented that more feed and biodiesel operators are moving towards reformulation with these higher numbers, which is a good segue into yellow…