12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
The US animal fats and oils markets remained largely unchanged on Wednesday December 11, with most market activity and discussions centered on the choice white grease (CWG) and corn oil markets.
CWG prices in the FOB Missouri River market were steady in the 41-42 cents per lb range. However, lower indications were reported throughout the day, though no trades were confirmed before the market close.
Meanwhile, CWG prices in the FOB Indiana market were assessed within a broader range of 40-42 cents per lb, with spot truck loads trading at the upper end of that range on Wednesday.
In the distiller’s corn oil (DCO) market, there were numerous reports of material trading at current values, with most FOB Midwest markets confirmed to be moving within a range of 42-45 cents per lb for both spot and forward-month railcars and trucks.
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