The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting prices.
Choice white grease (CWG) in the FOB Missouri River market edged higher, widening its range to 40-43 cents per lb, while the FOB Indiana market followed suit, increasing to 39-41 cents per lb.
Elsewhere, the distiller’s corn oil (DCO) market saw notable gains, with FOB Missouri River prices rising to 49 cents per lb for both February and March product. DCO delivered into Manly, Iowa, also extended its spread higher to 49.0-50.5 cents per lb.
The Gulf markets were largely stable throughout the day, with indications aligning with current market prices for both used cooking oil (UCO) and tallow. However, yellow grease delivered into the Gulf ticked up slightly, moving to 47-48 cents per lb.
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