Bean oil prices are trading under pressure, following a report that showed that Brazilian soybean farmers finished 24.8% of their harvest work for the 2016-2017 which was ahead of the 24% finished on the same date last year and ahead of the 17.1% average for the past five years. The weather continues to cooperate, which is placing downward pressure on beans which is spilling over into bean oil. Hedge fund traders added to long…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...