05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Choice white grease trading was reported at steady levels today into the Chicago market and out of the Missouri River. Yellow grease prices have been indicated lower as higher, rendered fat output is expected in the near term.
Hog slaughter moved higher last week, up 10 percent compared to the week prior. The increase was the first since the week ending March 21st. Slaughter is forecast to increase over the next six weeks, averaging 2.125 million head per week. If…