Soybean Oil Nudges DCO Market Higher

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Soybean Oil Nudges DCO Market Higher

Ten cars of edible tallow traded down a ½ cent per pound today at 54.5 cts/lb Chicago and ten cars of technical tallow traded higher, up to 51.5 cts/lb Chicago.
Outside of the tallow market, it was a very quiet market with mostly sideways indications. Distiller’s corn oil (DCO) trading was done higher out of the Mo. River market, up to 47 cts/lb FOB.
Indications in the Gulf market remain steady for tallow, used cooking oil, grease and DCO.
Sources indicated...

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