Weekly U.S. DCO Production Climbs

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Weekly U.S. DCO Production Climbs

Alexandra Watts | 10.18.2023

Overall market activity was subdued again on Wednesday due to the annual American Fats and Oils Association conference in Nashville. Choice white grease into the Mo. River market traded at 54 cts/lb and 55 cts/lb, in small volumes.

Soybean oil futures eased further at midweek on additional profit-taking. The most widely traded soybean oil futures contract in Chicago closed below 55 cents per pound, at 54.86 cents per pound, down 49 basis points per pound, or 0.9 percent.

 
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Poultry By-Product Pet Grade, Chicken Meal Under Regional Pressure

Poultry By-Product Pet Grade, Chicken Meal Under Regional Pressure

Lower values were reported for poultry by-product pet food grade and chicken meal today. Participants have conveyed pet plant...

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Ethanol Stocks Hit 21-Month Low, Production Rebounds

Ethanol Stocks Hit 21-Month Low, Production Rebounds

CME grain prices shifted significantly higher across the board on Wednesday. December soymeal increased by $14.00 and...

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Consumer Spending Drives Strong Shoe Sales in August

Consumer Spending Drives Strong Shoe Sales in August

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Edible Oil Futures Markets End Midweek Mixed

Edible Oil Futures Markets End Midweek Mixed

Spot market trading was dull Wednesday in light of the annual American Fats and Oils Association Conference in Nashville. Soybean...

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Canadian Organic Imports Decline

Canadian Organic Imports Decline

Canadian organic soybean and corn prices remain close to the...

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Federal Reserve Scrutinizes Post-Legalization Economic Gains

Federal Reserve Scrutinizes Post-Legalization Economic Gains

The economic benefits cannabis purportedly brings to communities is a key selling...

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P66 Does Not Anticipate CEQA Ruling to Have Adverse Impact on Refinery Timeline

P66 Does Not Anticipate CEQA Ruling to Have Adverse Impact on Refinery Timeline

On October 12, 2023, the Contra Costa County Superior Court upheld the August 2023 ruling that Rodeo Renewables refinery...

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AFOA Conference Limits Market Trading

AFOA Conference Limits Market Trading

Trading was quiet for Tuesday with most attending the 2023 American Fats and Oils Association conference in Nashville. Ten...

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09.18.2024

Waste plastic can improve SAF without increasing pollution, study says

Waste plastic can improve SAF without increasing pollution, study says

Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...

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09.18.2024

US animal fats, oils prices mixed as DCO production hits 2-month low

US animal fats, oils prices mixed as DCO production hits 2-month low

US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...

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09.18.2024

US animal proteins prices steady; potential port strike could affect stocks, prices, sources say

US animal proteins prices steady; potential port strike could affect stocks, prices, sources say

US animal proteins markets were steady on Wednesday September 18.

Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...

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