Technical tallow traded down a ½ cent today at 50 cents lb. Chicago basis. Outside of the tech tallow market, tallow was quiet.
Distiller’s corn oil (DCO) was up out of the Mo. River market in good volume, trading as high as 46.25 cents lb.
Regarding yesterday’s rumors about future UCO exclusions, there has been no confirmation, officially or unofficially, from any parties. For the week, prices were higher across all product categories. Soybean oil had the biggest increase with the May bean oil contract on the CME up 2.56 cents lb. or 5.61 percent.
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