Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

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Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

Railcar prices for both used cooking oil (UCO) and tallow delivered into the Gulf fell to 52 cents per lb for April delivery, while Gulf yellow grease rose to 47.5 cents per lb for the same period.

Distiller’s corn oil (DCO) in the Gulf also faced downward pressure with railcar trades reported at...

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