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…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...