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.
…
10.18.2024
RIN prices fall week on week despite lower reported US biodiesel output
Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...
10.18.2024
US DCO prices decrease amid quiet trade week
US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...
10.18.2024
Lackluster trade volume keeps weekly US animal proteins prices mostly steady
US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.
Several market participants told Fastmarkets it was a...