Heating Oil prices tested resistance following a stronger than expected draw in crude oil inventories and a robust beat on industrial product, but was unable gain traction, and eventually moved lower. According to the Federal Reserve U.S. industrial production beat estimates with a 0.3% June rise, after a net upward revision in the index levels since March that trimmed the size of the industrial production downturn in the…
02.27.2025
CWG prices fall; broader animal fats markets steady
The US animal fats and oils markets were steady on Thursday, February 27 on slowing month-end activity, while sentiment remained under pressure from macro factors, including weaker soybean oil...
02.27.2025
Bloodmeal prices jump on limited spot supply
Ruminant bloodmeal traded higher on Thursday February 27, up to $1,425 per short ton FOB Missouri River and Texas Panhandle.
Strong demand in a tight spot supply market...
02.27.2025
High feedstock cost continues squeezing European biofuel production margins
European biofuel feedstock prices remained broadly stable in the week to Thursday February 27, applying additional pressure on biofuel production margins, with the spread between used cooking oil (UCO)...