05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Choice white grease prices have come off this week as pressure continues to mount from the sinking equity and energy markets as well as lower prices for grain and veg oil at the Chicago Mercantile Exchange (CME). Since February 20th, heating oil prices have declined 56 cents per gallon or 33 cents per pound. The per pound equivalent of that price decrease is just shy of 7.5 cents. Since Feb 20th