Yellow grease and used cooking oil (UCO) traded higher out of the California markets today, driven by continued strong demand from the renewable sector. UCO prices into the Gulf were higher for the two-month forward position and spot prices for distiller’s corn oil (DCO) continue to rise with trading done as high as 55 cents FOB IN/OH and delivered Manly, IA.
The tallow market was quiet with sellers asking higher prices for packer, edible and technical grades but buyers not willing to own anything at the higher numbers. Today’s broad selloff in the ag and energy markets did little to encourage buyers to step up and pay the higher asking prices despite the recent increase in the renderer bleachable fancy tallow market.
Choice white grease FOB Missouri River is 482 percent of the price of nearby corn today and through the first 18 days of the month the average is 450 percent. The all-time record high for for March is 451 percent, set in 2010 when the…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...