Vegetable Fats & Oils

Vegetable Fats & Oils

 

Weekly Recap

May Soybean futures ended the week at 9.6875 per bushel, gaining 17 cents last week and reclaiming half of what they lost the prior week. Exports were up 65% for the week and total export commitments are 100% of expectations with 20 weeks to go. Given that 2014/15 export sales were just over 540 million bushels between April and the end of August 2014, it is likely that the USDA is going to have to increase…

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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