Choice White Grease Market Buoyed By Ethanol Shutdowns

Choice white grease prices have been on sharp, downward tumble since the start of the month, falling 27 percent out of the Mo. River market. Prices hit a low this week, but have bounced back today with tight corn oil supplies pushing some feed buyers into the market who are looking for alternative feed ingredients. With that stated, heating oil values are off again today, hovering around the $1.04/gal mark. Biodiesel buyers…