US Gulf tallow, UCO trade lower; DCO edges up amid higher SBO prices

US Gulf tallow, UCO trade lower; DCO edges up amid higher SBO prices

Prices in the US animal fats and oils markets were mixed on Tuesday October 22, with most trade activity concentrating in the Gulf markets ahead of the day’s close.

The choice white grease (CWG) market moved lower throughout the day to 42 cents per lb Chicago basis. Meanwhile, the FOB Missouri River market held steady, though prices were discussed slightly lower, in the range of 42-43 cents per lb.

In the Gulf markets, tallow prices fell slightly on the day, assessed at 45.5-46.0 cents per lb delivered, while used cooking oil (UCO) traded 1 cent per lb lower on the day, at 45 cents per lb.

Distillers’ corn oil (DCO), on the other hand, traded higher in the US Gulf market on Tuesday, reaching 47.5-48.5 cents per lb. Bids and offers were reported across a wide range of 46.5-50 cents per lb, with activity coming from various directions throughout the day.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.04.2024

US kosher crude glycerin prices edge higher on stronger demand

US kosher crude glycerin prices edge higher on stronger demand

Kosher crude glycerin prices in the US are currently underpinned by an integrated company in the agricultural supply chain and food processing sectors, several sources told Fastmarkets.

The...

11.04.2024

US animal fats markets quiet; cattle slaughter up slightly

US animal fats markets quiet; cattle slaughter up slightly

The US animal fats markets experienced a quiet start to the week on Monday November 4, with no changes observed throughout the day.

In other news, Fastmarkets’ research team forecasts...

11.04.2024

US meat meal production in September down year on year: USDA

US meat meal production in September down year on year: USDA

Trading was quiet in the US animal protein market on Monday November 4, with no price changes reported.

Hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.675...

Latest Tweets