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
Two cars of BFT packer traded at $0.2800 Chicago this afternoon. Tech and renderer tallow remain quiet.
Yellow grease traded out of the Illinois market at $0.2350, steady with the bottom side of the market. Sources have reported that bids at the present level are becoming scarce and with corn oil sales reported in the $0.2300 – $0.2400 range it’s not surprising. CWG trading saw action between $0.2450 – 0.2550 FOB Mo. River today.
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