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.
Palm oil exports are slightly stronger than market expectations, which appear to be helping to buoy prices in an increasingly bearish environment. Malaysia’s exports have been firm during April. Demand for RBD palm olein remains very strong and increased by 111,465 metric tons from April 20th and is 57% stronger month over month. Crude palm oil demand remains weak and only increased by…