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.
Choice white grease prices moved higher today as some renewed interest from the fuel sector has driven the nearby of the top range higher. The market remains split with smaller volume, i.e. 5 truck load shipments, available at the lower end of the range. Bigger volumes, 20 – 30 truck trades have been done at the top end of the range. Feed buyers have been consistent in the 20.5 delivered neighborhood and increased demand has started to show this week. With more demand from the biodiesel industry surfacing, there is risk for prices into the feed sector to move higher. It’s reasonable to expect the upswing to be tempered by the large supply currently in the market and…