Distillers Corn Oil Trades Sharply Lower

Distillers Corn Oil Trades Sharply Lower

Distiller’s corn oil (DCO) traded sharply lower today, down as much as 4.75 cents from the last reported level for the FOB Nebraska/Kansas market. Volatility in the soybean oil market and the announcement by ADM that their Columbus, NE and Cedar Rapids, IA ethanol facilities would restart production have contributed to the downturn. The two plants at full capacity would add approximately an extra 2.7 million pounds or 60 trucks of DCO to the market per week. Favorable economics and the expectation of strong demand moving into the summer are expected to drive production levels closer to 2018 – 2019 levels, but spring maintenance should keep DCO supplies from dramatic increases in the near term. The EIA reported last week’s ethanol…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

01.21.2025

UCO, tallow prices continue to rise

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

Latest Tweets