CWG Price At Big Discount to DCO, BFT

CWG Price At Big Discount to DCO, BFT

The near-term outlook for bleachable fancy tallow (BFT) is for steady pricing ahead of holiday interruptions. Soybean oil took a bit of breather today, but at prices above 27 cents and with spot material tight, distillers corn oil (DCO) prices are expected to trend steady to higher into 2021. Choice white grease (CWG) prices have increased this week, and the wide spreads to BFT and DCO add additional risk for higher prices. CWG out of the Missouri River market is at a six-cent discount to Chicago BFT, 2.2 cents more the prior three year average. The discount to DCO out of the Missouri…

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

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Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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