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...
Choice white grease (CWG) traded higher out of the Missouri River market today, up to a high of 39 cents lb with strong volume seen at the 38 cents lb level as well. Trading was quiet into/through Chicago and out of the Eastern markets.
Gulf UCO prices were down by ½ cent lb for the nearby market. Distiller’s corn oil (DCO) traded into the Gulf market at 48.5 cents lb for May. Market sources reported bids at 46.5 cents lb delivered and offers as high as 49 cents lb.
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