Used cooking oil (UCO), distillers’ corn oil (DCO) and choice white grease all averaged slightly higher on the week on Friday, September 27, largely supported by gains seen in the heating oil and soybean oil markets earlier in the week.
Trade activity remained limited throughout the day Friday, with UCO prices in the Gulf talked down to 45 cents per lb late Thursday, though no trades were confirmed before market close Friday.
For the week, UCO delivered to the Gulf rose 0.77% to an average of 45.40 cents per lb, while DCO saw the largest increase, climbing 3.56% to 43.65 cents per lb FOB Missouri River. Choice white grease was up 0.46% week-over-week.
In contrast, packer bleachable fancy tallow (BFT) in Chicago and yellow grease in the Missouri River market held steady throughout the week.
Elsewhere, soybean oil futures declined for the second straight day on Friday after nine consecutive sessions of gains.
The October contract settled at…
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