Weekly Recap
August Soybean futures moved higher for the first time in five weeks, gaining 28¼ cents per bushel or 2.9%, while the Sep contract moved 22¼ cents higher or 2.33%. The bean basis in the cash market switched to changing off the November futures contract for most markets, but remained relatively stable. Soybean exports were down sharply due in…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...