UCO Trends Higher This Week Despite Nearby Demand Concerns

Author: Alexandra Watts

UCO Trends Higher This Week Despite Nearby Demand Concerns

Alexandra Watts | 08.23.2023

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Trading was mostly quiet today. There was trading consistent with the previous high into the Gulf for UCO and distiller’s corn oil (DCO) did have pockets of activity at lower prices. Sources reported bids into the Gulf for DCO at 70 cts/lb and at 64 cts/lb for UCO, but as...

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Porcine MBM & BM Remain Under Pressure – Varying Adjustments

Porcine MBM & BM Remain Under Pressure – Varying Adjustments

Porcine items have been under pressure for the entirety of the week. A substantial drop was reported on porcine...

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Ethanol Production and Stocks Slip WOW

Ethanol Production and Stocks Slip WOW

CME grain pricing displayed an upward trend today, with September corn experiencing an increase of $0.0975, reaching $4.76/bu., following...

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Leather Orders & Hide Demand Increase From Furniture Sector in Quarter 3 (Q3)

Leather Orders & Hide Demand Increase From Furniture Sector in Quarter 3 (Q3)

Cow and steer hide trading was busy today at steady levels to +/- $1 per piece at most. Southwestern...

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Canola Basis Edges Lower while Cottonseed Oil Firms

Canola Basis Edges Lower while Cottonseed Oil Firms

*Amanda Luhavalja is out of the office, returning Monday Aug, 28. Please contact Bob Lane at [email protected] with any...

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Price Movement in European Organic Grain Markets

Price Movement in European Organic Grain Markets

European organic grain markets are starting to bifurcate. While there...

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Minnesota Collects First Month of Cannabis Tax

Minnesota Collects First Month of Cannabis Tax

 Cannabis derived taxes are politically popular and have nudged many...

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New RD Pathway Increasing Canola Oil Demand

New RD Pathway Increasing Canola Oil Demand

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The US Environmental Protection Agency (EPA) approved a pathway for canola/rapeseed oil to...

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Lower SBO Futures Weigh on DCO Bids

Lower SBO Futures Weigh on DCO Bids

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Trading was mostly steady today with the exception of distiller’s corn oil (DCO) into Manly,...

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