March Soybean futures saw their last three weeks of gains disappear as prices dropped 5% or 51 cents per bushel. The trucker’s strike in Brazil was lifted for at least a week, which allowed crops to flow freely to ports. Old crop exports were stronger week-over-week, but new crop exports all but dried up, leaving total exports with a 1.17% gain from the previous week. Cash prices slipped relative to the futures…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...