The market was fairly quiet today with the annual AFOA meeting underway on a virtual format this year. Three cars of renderer BFT traded steady on a Chicago basis today. CWG was also steady in limited volume.
Distillers corn oil prices remain well supported from strong demand from the renewable and feed sectors. The Missouri River DCO market closed September with a relative price to soybean oil of 84 percent, right in line with the prior three year average. The prior three year average for October is 78 percent, which suggests a price of just under 26.5 cents FOB. A tighter production year,…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...