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...
Market Activity
Choice white grease prices continue to inch higher supported by feed demand. Some end users have made ration changes away from distiller’s corn oil to choice white grease because of the price spread allowing them to reduce costs. Normally bio feedstock demand in the Midwest slows during the colder months because of cloud point issues, but it seems that feed demand is picking up any slack. Still choice white grease prices are a good value relative to…