Choice white grease moved lower today with trucks trading as low as 62 cents per pound FOB Missouri River, there was trading at the high side of the range as well. Sources have indicated that some are struggling with rail car availability and are finding a truck market that is well-bought for the nearby market.
Yellow grease prices are higher into the Gulf for nearby and steady for April in a range of 72 – 72.5 delivered.
Used cooking oil prices remain steady, but there have been indications of nearby, quick-ship material available at a discount for buyers who can take immediate delivery.
Distillers corn oil trading was quiet today with bids reported in the low 70’s, but sellers were unwilling to offer lower. Ethanol production was estimated marginally lower at 1.026 million barrels per day by the EIA for last week. Stocks were estimated at 26.495 million barrels, the…
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.