09.20.2024
BOHO spread reaches two-month high
The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...
Please note – there is an error in the publication of DCO Manly, IA prices. This issue is currently being addressed. The correct prices for Sep 21 are
Manly, IA 68 cts
Manly, IA 1 month fwd – 69.25 – 70.25 cts/lb
Manly, IA 2 months fwd – 69.25 -70.25 cts/lb
The correct prices were updated on the Jacobsen site at 5:50 pm CT.
Trading was mostly quiet today with few changes reported. Used cooking oil did trade lower into the Gulf market, reported in a range of 64-65 cts/lb delivered from late yesterday and today. Distiller’s corn oil (DCO) was traded at 68 Manly, IA in good volume for October. Choice white grease was quiet today, but sources continue to report pushback on the higher end of the range.
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