05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Ahead of Wednesday’s U.S. Department of Agriculture’s quarterly stocks and small grains reports, traders are repositioning as analylsts attempt to determine how large inventories are as the United States prepares for the soybean harvest. Hedge fund traders drastically altered their futures and options positions according to the latest industry report.
Bean meal prices slipped for a second session on Tuesday as a…