A total of eight cars of CWG traded at $0.2300 Chicago today. Trucks out of the Mo. River market traded in a wide range, $0.1900 – 0.2200 FOB. Heavy supplies and a lack of trucks continue to weigh on the market. Lard traded down a penny, $0.3800 Chicago today.
Mo. River CWG currently sits at 61.3% to nearby soybean oil, a good value when considering the relative price over the last several years. The three year average for Dec is 65.9% and the five year…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...