Soybeans surged last week. The July futures contract moved 31.5 cents per bushel higher; it’s the fourth consecutive weekly close higher. The August contract gained 33.75 cents per bushel. Exports continue to run above USDA forecast despite raising export activity by 10 million bushels. Export commitments are 102% of expectations with 11 weeks to go. The cash basis moved higher in Minneapolis and Toledo, and…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...