A day after seeing crude oil prices close below $37 for the first time since early 2009, crude dropped another $1 per barrel, closing at $35.62. Prices are now flirting with the January 2009 low of $33.20. Prices were only briefly at that level. One would have to look all the way back to 2004 to see prices trading in this range. Heating oil prices are also flirting with 2009 lows that have not been seen since 2004. HO followed crude’s collapse,…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...