A total of eleven cars of packer BFT traded at $0.3050 Chicago, eight within the 30 day window.
CWG trading was off, $0.2200 – 0.2300 FOB Mo. River and Mo. River YG trading was done $0.2150 – 0.2300. Sources have commented that bio demand in the Midwest is lackluster and that feed buyers are pushing for lower prices.
Aside from the Mo. River YG, both the YG and UCO markets were quiet, but sources have commented that California remains very…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...