Trading was mostly sideways today, but there were some movements in the DCO and UCO markets. Tech tallow remains offered at $0.3000 Chicago and unsold. Dark clouds seem to be taking shape on the horizon with poor biodiesel demand and well bought, nearby positions.
Poultry fat prices were flat today, well supported by strong feed demand. Near term prices are apt to stay flat with many heading to the IPPE in Atlanta, next week. The fundamentals suggest sideways to…
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...