Yellow grease traded higher out of the Illinois and Missouri River markets as well as into the KS/TX and Gulf markets. A wide spread to choice white grease and steady demand have pushed prices sharply higher today.
Distillers corn oil prices are unchanged on limited trading. Indications for the next trading level are sharply higher with offers reported as high as 53 FOB Midwestern ethanol plants. Production remains tight with seasonal downtime continuing to keep a lid on production. The EIA estimated ethanol production at an average of 945,000 barrels per day for last week. The Jacobsen estimates DCO production at 8.97 million pounds per day, up 68 percent from last year and down 7 percent from the…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...