Prices for used cooking oil (UCO) delivered to the US Gulf Coast continued to climb on Tuesday December 10, even as markets softened in other regions.
Sizeable volumes of UCO traded into the Gulf, at 46 cents per lb delivered.
Sources have offered differing perspectives on why Gulf Coast markets have remained strong while the Midwest has experienced downward pressure in recent weeks.
But many agree that the anticipated shift from the Blender’s Tax Credit (BTC) to the Clean Fuel Production Tax Credit (CFPTC) is expected to solidify used cooking oil and other waste fats as the preferred feedstocks.
Outside of the Gulf, choice white grease (CWG) prices in the FOB Missouri River market continued to hover in the range of 41-42 cents per lb. Indications as low as 36-38 cents per lb were heard in the market, though no trades were confirmed before the close.
…
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...
02.04.2025
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...
02.04.2025
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...