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…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...