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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...