Technical tallow traded at 48 cents delivered into the Gulf market today. Tallow trading through the Chicago rail corridor was quiet, but the higher trade into the Gulf puts pressure on the Chicago market to move higher in the near term.
Spot prices in the distiller’s corn oil market moved higher today, trading in a range of 42 – 42.5 across much of the Midwestern market. Trading out of the NE/KS market is higher with additional demand pressuring that location more than the eastern locales. Values into feed are starting to get a bit toppy at 42.5 and feeders may start to include more corn in rations. Big demand from the renewable sector is likely to keep prices firm in the near term. There remains risk for continued tight supplies in the market basis limited gasoline demand. For last week, the EIA estimated gasoline demand at 326.3…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...