May Soybean futures finished the week sharply lower despite the USDA trimming ending stocks 15 million bushels to 370 million for the 2014/15 marketing season. Futures gave back all of the previous weeks gains and then some, dropping 34 cents per bushel to $9.52. Exports were a net reduction to sales for the week as China transferred shipments from one crop season to the next. Total export commitments are 99%…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...