Distiller’s corn oil (DCO) trading was higher today as strong demand continues to mix with tight supplies to drive prices. Feed demand, particularly from the all-veg turkey sector, remains very strong with big slaughter numbers anticipated over the next four weeks ahead of the Thanksgiving holiday.
Ethanol production was lower last week, estimate by the EIA at 913,000 barrels per day. DCO production is estimated at an average of 8.67 million pounds per day, down 6 percent from year ago levels. It’s reasonable to expect the trend of tighter supply and strong…
11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...