US DCO production falls; CWG prices supported ahead of holiday break

US DCO production falls; CWG prices supported ahead of holiday break

Animal fats and oils trading in the US was mostly quiet on Wednesday June 26 despite a rebound in soybean oil futures on the Chicago Board of Trade.

Choice white grease did trade higher on an FOB basis out of the Missouri River and Indiana markets.

Sources reported bids into the Gulf market at prices steady with trading done on Tuesday June 25, adding that “the current margin structure is limiting what anyone in the renewable fuel sector is willing to pay.”

The US Energy Information Administration (EIA) estimated ethanol production for the week ended June 21 at 1.043 million barrels per day in the Weekly Petroleum Status Report released on Wednesday.

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06.28.2024

[MERGED into “European biodiesel…”] April US imports of biodiesel, renewable diesel strong: EIA

[MERGED into “European biodiesel…”] April US imports of biodiesel, renewable diesel strong: EIA

US biodiesel imports rose sharply in April, offsetting low levels in March, according to data released on Friday June 28 by the US Energy Information Administration (EIA).

Imports...

06.28.2024

US packer BFT weekly average price hits 33-week high

US packer BFT weekly average price hits 33-week high

Distiller’s corn oil (DCO) traded higher out of the US Missouri River market for August on Friday June 28 in what was otherwise a quiet day.

Most buyers...

06.28.2024

Mid-South, Delmarva feathermeal lower; June monthly averages mixed to softer

Mid-South, Delmarva feathermeal lower; June monthly averages mixed to softer

Most sources called the market on Friday June 28 flat ahead of the weekend, with most sold up for the end of the month.

Pressure on feathermeal was...

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