Distiller’s corn oil (DCO) prices moved higher again today as well sold sellers continue to see strong demand from the spot market. Soybean oil prices traded 2.5 cents lower over the last three days, but with the October market over 32.5 cents per pound, DCO is expected to continue to see support at current price levels. The EIA released ethanol production estimates for week ending September 16th today. The estimated daily production of 906,000 barrels per day is the lowest since the week ending June 26 of this year and down 2.2 percent from the week prior. The lower numbers over the last two weeks may be tied to seasonal downtime at some plants, which…
05.14.2024
LCFS credit trading volumes, prices decline on week
California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...
05.14.2024
Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average
Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...
05.14.2024
Dog, cat food exports for Q1 2024 drop in price, volume year on year
Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...