Yellow grease traded higher out of the Illinois and Missouri River markets as well as into the KS/TX and Gulf markets. A wide spread to choice white grease and steady demand have pushed prices sharply higher today.
Distillers corn oil prices are unchanged on limited trading. Indications for the next trading level are sharply higher with offers reported as high as 53 FOB Midwestern ethanol plants. Production remains tight with seasonal downtime continuing to keep a lid on production. The EIA estimated ethanol production at an average of 945,000 barrels per day for last week. The Jacobsen estimates DCO production at 8.97 million pounds per day, up 68 percent from last year and down 7 percent from the…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...