Distillers corn oil trading was higher today with strong demand continuing from the biofuels and feed sectors. The EIA estimated ethanol production at 923,000 barrels per day for the week ending October 2nd. Distillers corn oil production is estimated at 8.76 million pounds per day, up 4.8 percent from the week prior and down 3.7 percent from year ago levels. The strong demand and lower supply relative to year ago levels contributes support to the near term market. The same holds true for the used cooking oil market, which continues to have lower…
11.13.2024
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
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%
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...