Yellow Grease Trades Lower

Yellow Grease Trades Lower

The market was relatively quiet, with few changes reported. Yellow grease traded lower out of the Missouri River market in rail cars, truck business was steady with yesterday’s report. Distillers corn oil (DCO) prices remain well supported, with trading starting to consolidate more towards the top end of the reported range. DCO production picked back up last week, averaging just under 8.9 million pounds per day. The EIA estimated ethanol production at 937,000 barrels per day, the highest since the week ending September 4th. The increased production is a signal that the ethanol market may be past maintenance season and gearing up to close out the year…

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