Bean meal prices edged higher on Tuesday following a stronger than expected U.S. CPI release which showed that inflation had rebounded. Hedge fund traders have lined up on the short side, which could lead to a quick squeeze in prices. The technicals show that bean meal prices where oversold at the beginning of the week, and could foreshadow a correction.
U.S. CPI rebounded up 0.2% in…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
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Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
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