Soybean Oil Nudges DCO Market Higher

Blog

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...

Read More
Total 2023 FM and IE MM US Exports

Total 2023 FM and IE MM US Exports

Bloodmeal traded lower on Tuesday and there were reports of negative pressure on market due to two weeks of...

Corn and Wheat Export Inspections Rise, Soybeans Drop

Corn and Wheat Export Inspections Rise, Soybeans Drop

Price ranges for corn gluten products remained relatively stable throughout the day. However, there were reports on corn gluten...

Steer Hide Supply is Building on Increased Slaughter

Steer Hide Supply is Building on Increased Slaughter

Bidding activity was slow today in the US hide market due to the holidays that are being celebrated around...

Mexican Corn Policy: Destination Unknown

Mexican Corn Policy: Destination Unknown

Mexico’s recently implemented ban on GMO food corn is at the heart...

Class Action Suit Alleges Products were not Hemp

Class Action Suit Alleges Products were not Hemp

As various state legislatures aggressively pursue bans for hemp-derived cannabinoids, a class-action federal racketeering suit was filed in the...

Glycerin Prices Edge Higher

Glycerin Prices Edge Higher

Weekly Glycerin Update

The Jacobsen’s weekly survey of the glycerin market found crude and kosher crude prices edging...

Hog Slaughter Projected Lower Heading into March

Hog Slaughter Projected Lower Heading into March

The market was quiet to start the week with no changes reported. Sources did suggest that there is a...

Cattle Slaughter Forecast Under 2023

Cattle Slaughter Forecast Under 2023

Limited trade was reported for the start of the week. Offering levels were indicated as slightly higher for some...

Blog

03.27.2024

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...

03.27.2024

Sellers see steady to higher prices on interior market trades

Sellers see steady to higher prices on interior market trades

Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75 cents lb. Trading into the Gulf and on an FOB...

03.27.2024

Aprill broiler slaughter forecasted below 2023

Aprill broiler slaughter forecasted below 2023

The proximity of the extended Easter holiday weekend kept some participants off the market at mid-week, leaving values generally steady.

Poultry by-product pet grade was reported lower in...

Latest Tweets