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...
Corn gluten meal prices have edged higher this week as export demand has been stronger than earlier and the main supportive factor besides the uptick in soybean meal futures. Relative prices have drifted lower as corn gluten meal prices have not kept pace with the strength in soybean meal futures. Significantly weak relative prices to soybean meal should help draw buyer’s attention to corn gluten meal as this continues to be a buyers’ market. …