Heating oil prices moved to the bottom end of its recent trading range as a larger than expected build in crude oil inventories added negative sentiment. Price action seems to be following the dollar as opposed to strict fundamentals that reflect supply and demand. Over the last few trading session the dollar has weakened allowing petroleum products to gain traction. Demand continues to remain…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...