Three cars of packer grade bleachable fancy tallow (BFT) traded up to 51 cents per lb Chicago on Thursday June 20. The trade followed several reports of trading done, “at higher levels, but quietly,” according to a market source.

Technical tallow was unquoted today due to a lack of activity. Sources indicated that values are likely in the 55-56 cents per lb range on a Chicago basis. But sellers are having a hard time finding in-spec material due to well-sold positions and high temperatures pushing free fatty acid levels higher in the low-acid material.

Distiller’s corn oil (DCO) traded higher on an FOB and delivered basis on Thursday due to strong demand from the renewable fuel sector in the Gulf, West Coast and Midwest markets.

Trading was done in good volume at 45-46 cents per lb FOB Nebraska/Kansas (NE/KS) and out of the Missouri River market, while deals were heard into the Gulf as high as 50 cents per lb.

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