05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Organic soybean meal prices remain steady, with a decline in previously reported highs north of $900/st. West Coast prices for Q1 2024 were reported to Fastmarkets trading near $810 per short ton. According to merchandisers, prices on the East Coast are trading between $800 and $850. Despite the huge decline in organic soybean oil prices, we have heard an extensive range of prices. The drop in diesel prices has not helped conventional soybean oil prices, which has weighed on organic soybean oil prices.
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