Strong Distiller’s Corn Oil Production Continues

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Strong Distiller’s Corn Oil Production Continues

It was a mostly quiet day, but there was a flurry of late afternoon activity. Four cars of packer grade bleachable fancy tallow (BFT) traded down to 44 cts/lb Chicago this afternoon and four cars of choice white grease traded at 39 cts/lb Chicago. There was a good volume of CWG traded at 34 cts/lb FOB River today and trading done as low as 33 cts/lb FOB just outside of the Mo. River region. CWG prices into the Gulf were indicated at 42.5 cts/lb...

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Quiet Tone Remains at Midweek

Quiet Tone Remains at Midweek

Participants in the animal proteins sector continued to report a quiet tone, leading to generally steady values for midweek....

Ethanol Stocks Continue to Climb, Reaching 3-Month High

Ethanol Stocks Continue to Climb, Reaching 3-Month High

Reports indicate that the price range for wheat midds has increased in Minneapolis, Kansas City, and Buffalo....

Fed Steer Hide Demand Sparked after Offers Lowered

Fed Steer Hide Demand Sparked after Offers Lowered

Midweek activity in the US hide market was firm after a slow start to the week. Several sellers tried...

Benchmark SBO Futures Slide below 50 cts/lb

Benchmark SBO Futures Slide below 50 cts/lb

With cash trading for vegetable oils still incredibly quiet, basis indications on soybean oil in central Illinois and in...

Food Prices Decline in Recent CPI; Fed Holds Fast on Interest Rates

Food Prices Decline in Recent CPI; Fed Holds Fast on Interest Rates

Lower prices for food at home are a welcome...

NY Governor Vetoes Hempseed Bill

NY Governor Vetoes Hempseed Bill

New York legislation to allow hempseed derivatives in feeds for a limited...

Renewable Fuel for Ocean-Going Vessels Act Introduced

Renewable Fuel for Ocean-Going Vessels Act Introduced

**Bob Lane will be out of the office this week, returning on Monday, December 18, 2023. In his absence, please...

Record High UCO Imports in October

Record High UCO Imports in October

Trading was active at lower numbers today on continued limited demand and pressure from lower heating oil futures. Used...

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04.24.2024

Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales

Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales

A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.

04.24.2024

Seasonal maintenance slows US DCO production

Seasonal maintenance slows US DCO production

The distillers’ corn oil (DCO) market was quiet in terms of reported volume, but sources said that it was “moving under 40” in reference to the FOB values for...

04.24.2024

USDA’s APHIS issues federal order concerning HPAI in lactating dairy cattle

USDA’s APHIS issues federal order concerning HPAI in lactating dairy cattle

Fastmarkets assessed

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at $370-420 per short ton on Wednesday, widening downward from $380-420 per ton on Tuesday April 23.

And Fastmarkets’ price assessment for
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