Soy bean oil prices rebounded on Monday, in tandem with most commodities as riskier assets gain traction ahead of the Federal Reserve decision on Wednesday. Soy bean prices extend gains amid uncertainty over the exact size of coming yields. Farmers are reporting mixed growth as the Midwest harvest advances. Concerns that even robust soybean yields, which are forecast to be at record…
05.08.2024
May STEO forecast, 2024 RVOs
The Energy Information Administration’s (EIA) Short Term Energy Outlook (STEO) showed a decrease in 2024 fuel consumption estimates. This lowered renewable fuel blending estimates for the year, leading to...
05.08.2024
DCO production falls, Gulf UCO trades higher
Used cooking oil (UCO) traded at 41.5 cents per lb delivered US Gulf on Wednesday May 8, up 1.5 cents per lb from the last reported level. UCO was...
05.08.2024
Porcine meat and bonemeal lower on diminished interest
The majority of US animal protein prices were steady on Wednesday May 8. Most values reported were within the previously set ranges, with exception to porcine ruminant bloodmeal on...