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…
05.14.2024
LCFS credit trading volumes, prices decline on week
California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...
05.14.2024
Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average
Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...
05.14.2024
Dog, cat food exports for Q1 2024 drop in price, volume year on year
Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...