Trading Slows before End of Month, Holiday

Trading Slows before End of Month, Holiday

*Please Note – Ryan Standard will be out of the office until July 10, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*

Trading was largely quiet on Thursday, as most participants closed out their books for June and waited for the release of the USDA’s highly anticipated annual Acreage Report on Friday. There were mixed moves in used cooking oil (UCO). California UCO dropped to 51 cents/lb FOB for nearby material. A deal for 20 truckloads was completed at that level. Trading was reported higher into the Southeast, between 57-58 cts/lb delivered. 

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