Gulf DCO, UCO and Tallow Trade Higher

Gulf DCO, UCO and Tallow Trade Higher

Tallow was quiet through the Chicago market today, but did trade up a penny at 68 del US Gulf for the max 20% ffa category. Choice white grease traded higher on an FOB basis, up to 63-64 in the Midwestern markets. There was light trading done as high as 65 FOB Mo. River, but the bulk of action today was in the 63-64 range.

Used cooking oil was higher into the Gulf market at 64-65 delivered, and distiller’s corn oil (DCO) was indicated at 72-73 delivered US Gulf. Much of the DCO market was broadly indicated in a bid/offer range of 66-70 FOB for August.

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Runner market commentary
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Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

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Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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