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...
Midds markets have been quiet the past several days and end users appear to be satisfied with the amount they have purchased. Prices in Buffalo, NY have notched lower suggesting supplies remain burdensome on the market. Buffalo’s relative price to corn futures has weakened after being exceptionally high during April. Currently the relative price is below the year ago and 5-year average for July, which…