05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Weekly Recap
March and May Soybean futures both dropped 11 cents for the week as Friday’s sell off sent the contract’s 18.25 and 11.5 cents lower on the day. Soybean exports fell 60% week to 198.7 TMT and were well below trade estimates that ranged from 300 to 575 TMT. Soybean export commitments are 98% of forecast with 25 weeks to go. Cash prices remained in line…