DCO Prices Ride Soybean Oil Wave Higher

DCO Prices Ride Soybean Oil Wave Higher

Trading in the grease and tallow markets was mostly quiet today. Holiday increases worked their way into yesterday’s pricing and the rally tied to the shortened production week seems to have run its course on the rendered products. Yellow grease traded lower into the Carolinas and KS/TX market today. Distillers corn oil (DCO) prices moved higher today. Strong soybean oil values and continued, strong demand from the biodiesel and feed sector are driving the market. The feed buyers have been the larger of the two demand variables at the moment, with all veg feeders limited on replacement feed oil. DCO production remains well below prior year levels. Last week’s estimated production of 8.75 million pounds is down 11 percent from the year…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

04.18.2024

Total RFS blending falls in March, domestic biodiesel blending increases

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

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

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...

Latest Tweets