Trading was mostly steady today with few changes reported in the market. Distillers corn oil prices did move higher with improved demand from the bio sector and a wide spread to soybean oil helping to push the market up. Ethanol production jumped to 958,000 barrels per day last week, up 5.5 percent compared to the week prior and down 7 percent compared to the prior three-week average. Distillers corn oil production is estimated at an average of 9.09 million pounds per day. For July and August, the average price spread between Missouri River DCO and nearby SBO over the last three years is 5.27 and 5.17 cents, respectively. At an average of 22.75, DCO…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...