Tallow traded lower into the Gulf market today, down to a low of 40.5 cents lb for max 20% ffa.

Yellow grease prices were lower into the Gulf market as well, but higher on an FOB basis. Feed demand remains strong at current prices and values into feed operations have been reported in a range of 36–38 cents lb in the Midwest, South and Eastern markets.

Feed demand has helped support the top side of the distiller’s corn oil (DCO) market as well. Trading was done as high as 45 cents lb today, but the bulk of action was within the printed ranges.

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