December refined corn oil stocks near three-year high

In the February Fats and Oils report, USDA reported that production of refined corn oil totaled 182.2 million lbs in December, up 33.6 million pounds or 23 percent from November but down 7 percent from a year ago. U.S. stocks of refined corn oil [...]

December average net corn cost was 11-month high

The runup in corn pricing outpaced higher coproduct values, which led net corn cost to average almost $2.16 in December, up 2 percent from a month prior and up about 2 percent YOY. The coproduct credit averaged $2.35 in December, up 7 percent from [...]

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