The week started off very quiet with no trading reported. Sellers continue to lament weak market conditions despite favorable ratios to soybean meal. Bean meal prices were flat with Friday’s close at $288. It’s likely that we’ll see some action this week to wrap up much of the rest of the month with the Thanksgiving holiday just ten days away.
Since hitting a high of $360 on July 17th, the nearby SBM market has been bouncing down, touching a…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...