Bean oil prices inched up on Monday/Tuesday and continue to form a bull flag pattern. The recent change in the Federal Reserve’s forecast for interest rate changes, has led to a decline in the dollar and a subsequent rally in commodity prices. Since most commodity are priced in U.S. dollars, a lower greenback generally equates to higher commodity values as they become less expensive in other…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...