DCO Output Tightens

DCO Output Tightens

Bid and offer spreads continue to be reported in a very wide range on choice white grease (CWG) and distillers corn oil (DCO). Five cars of CWG traded down a half cent per pound on a Chicago basis. Bids are as low as 45 FOB today, but feed buyers are paying towards the top end of the range to secure material. A number of biodiesel buyers have stepped away from the market and this is driving some short-term pressure, but thus far most of the producers are holding fairly firm on their prices.  

The EIA reported ethanol production down to 941,000 barrels per day for last week. The trop came despite expectations for continued, increases in production. There are a few plants that are undergoing spring maintenance and it could be May before production numbers start to steadily increase…

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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