Distillers corn oil (DCO) prices moved higher today on continued strong demand from the feed and biodiesel sector ahead of holiday downtimes. Ethanol production was estimated at 991,000 barrels per day, the highest level since the week ending March 20th. Distillers corn oil production is estimated at 9.4 million pounds per day for last week. While supply was up for last week, again, it’s expected to decrease through the last two weeks of the year. Additionally, the overall supply in the feedstock and feed fat market is tighter and there is strong demand from the renewable diesel sector. With additional capacity coming online in 2021 the demand already starting to show in…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...