*Please Note – Ryan Standard will be out of the office until July 10, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*
Trading was very quiet to end the week and the month, with no changes reported. Twenty trucks of distiller’s corn oil (DCO) traded steady at 62 cts/lb FOB Nebraska/Kansas for the nearby position.
Average prices were mixed but mostly higher this week, with the sharpest gains in the packer BFT market. The weekly average finished at 63 cts/lb, increasing four percent. In-spec animal fat material remains tight because elevated temperatures have been impacting ff levels. Slower production kills, combined with the July 4 holiday on Tuesday, are expected to keep nearby supply limited.
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01.14.2025
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