DCO Prices Move Lower, Nearing SBO Support Level

Author: Alexandra Watts

DCO Prices Move Lower, Nearing SBO Support Level

The market was mostly quiet with many in the market returning home from the American Fats and Oils Association conference this week in Nashville, TN. The AFOA had a record high attendance and sentiment amongst many in the crowd was mixed, but there seemed to be more negative than positive price sentiment based on the big production of biofuels in the market relative to the US federal mandate.
Prices were lower for lard today, down to 90 cts/lb Chicago. Distiller’s corn oil (DCO)...

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