Soybean oil prices gained Monday investor’s exited bearish bets and additional simulative policy from the Chinese Central Bank. Prices for the bean oil advanced as excess rain in Argentina slowed harvest there, and speculation continued that truckers in Brazil could resume earlier protests, sending foreign buyers to the U.S. for supplies instead.
Reports over the weekend that China had taken…
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...