Trading was active at mostly steady levels today. Feed fats continue to see good support from a favorable relative price to corn. Yellow grease out of the Mo. River market moved higher in December, pushing the relative price up to 277%, which is a 25 point discount to the prior three year average. Strong demand from the poultry sector in the Southeast opened up some arbitrage opportunities for sellers to move grease into that market and push the local…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...