Yellow grease prices traded higher today, sellers are pushing prices up on higher board prices and buyers don’t have many, if any, cheaper options at the moment.
Ethanol production was estimated by the EIA at 933,000 barrels per day for the week ending January 22nd. The production estimate is the lowest since the week ending October 16th of last year. The lower run rate has contributed to tighter corn oil supplies with The Jacobsen estimating weekly production at an average of 8.87 million pounds per day, down 11 percent from the week prior the prior three-year average. The tight supplies combined with another run higher on soybean oil have contributed to higher prices in the DCO market. Decarbonization schemes and…
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...