Distiller’s corn oil (DCO) FOB prices moved lower on Tuesday July 9 following the drop in soybean oil prices, despite some sellers continuing to offer nearby material as high as 50 cents per lb.
Trading was done out of the Missouri River market in a range of 47-48 cents per lb for July-September shipment, and trading was heard done into the Gulf market at 51-52 cents per lb on Tuesday morning.
The overall tone of the market was quiet on Tuesday, with many sources referring to the day’s activity as a “standoff.”
Soybean oil (BO) futures were sharply lower on Tuesday at the Chicago Board of Trade (CBOT) on favorable crop conditions and profit-taking following last week’s rally.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
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Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
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December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...