Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75 cents lb. Trading into the Gulf and on an FOB basis was steady with yesterday’s report.
Choice white grease was steady out of the Mo. River market with trading reported within the previous range. Sources indicated that interior demand remains strong with biodiesel producers showing strong demand for choice white grease heading into the warmer months.
Current delivered crude degummed soybean oil values are around 47-48 cents lb, well over the choice white grease market. Despite lower prices into the Gulf and some negative pressure on the FOB market for those moving material south, interior values have been firm.
…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...