Canola oil prices and most vegetable oils held steady on Thursday after tumbling on Wednesday in the wake of the USDA crop report. USDA shocked the grain markets by raising its forecasts for the U.S. corn and soybean harvests and now estimates soybeans at 3.92 billion. Analysts largely expected USDA to reduce the crop sizes on ideas abundant rain this spring and early summer had…
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)...