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CWG Price At Big Discount to DCO, BFT

Ryan Standard | 11.12.2020 | Jacobsen

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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