Distiller Corn Oil Prices Higher

Distiller Corn Oil Prices Higher

Distiller’s corn oil (DCO) prices moved higher again today as well sold sellers continue to see strong demand from the spot market. Soybean oil prices traded 2.5 cents lower over the last three days, but with the October market over 32.5 cents per pound, DCO is expected to continue to see support at current price levels. The EIA released ethanol production estimates for week ending September 16th today. The estimated daily production of 906,000 barrels per day is the lowest since the week ending June 26 of this year and down 2.2 percent from the week prior. The lower numbers over the last two weeks may be tied to seasonal downtime at some plants, which…

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

11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

Neste, Air Canada sign SAF agreement for Vancouver

Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...

11.13.2024

CWG prices up slightly; DCO movements mixed

CWG prices up slightly; DCO movements mixed

The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...

11.13.2024

2024/25 grain consuming animal unit headcounts increase by 0.39%

2024/25 grain consuming animal unit headcounts increase by 0.39%

Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...

Latest Tweets