The December soybean oil futures contract hit a multi-year low of 28.79 before recovering slightly, ending the day with a 1.05 loss at 29.42 cents per pound. 2014/15 soybean crushing activity crushing activity was increased by 15 million bushels to 1.845 billion bushels.
Increased crushing activity pushed soybean oil production 150 million pounds higher. This trickled through the balance…
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)...