Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily driven by short covering and increased end-user buying.

Distiller’s corn oil (DCO) FOB Missouri River increased 2.14% week over week, despite consistently strong production levels and continued declines in soybean oil prices.

Used cooking oil (UCO) delivered to the Gulf Coast also rose, up 1.43% to average 46 cents per lb, marking a four-month high.

In contrast, choice white grease (CWG) dipped slightly, down 0.47% from the previous week’s average.

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