Bean meal prices are breaking higher slicing through resistance levels buoyed by dryness in parts of Brazil, a major producer of the oilseeds, as well as a recent USDA forecast which projected a smaller than expected acreage to be harvested this year.
Prices slashed through trend line resistance near 307, which coincides with the 20-day moving average. This level should now act as robust…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...