Bean oil prices tested trend line resistance following the breakdown in prices seen early last week. Speculation had been building that the USDA was likely to lower the US soybean yield on account of all the excessive moisture in the mid-west. However, the USDA in the July report, left the 2015/16 US soybean yield unchanged versus a month ago at 46 bushels per acre.
Since the USDA’s June 7th Weekly…
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)...