Soybean oil prices edged slightly higher on Monday morning following another decline on Friday following the larger than expected estimate of bean planting intentions reported by the USDA. Hedge funds used the decline in prices to take profits, adding to long position in futures and options while reducing short positions, according to the latest industry report. This sentiment was not mimicked by soy bean…
02.11.2025
US animal fats prices increase on strong demand, rising RINs
After a slow open to the week, activity in the US animal fats and oils markets picked up on Tuesday February 11, as sources continued to report strong support...
02.11.2025
Avian flu, resumed cattle imports to impact 2025 beef, pork, poultry production forecasts: WASDE
The USDA’s World Agricultural Supply and Demand Estimates report, released on February 11, included significant adjustments to production volumes from the January report.
02.11.2025
US corn, soybean forecasts unchanged in latest USDA WASDE
The USDA’s February release of the World Agricultural Supply and Demand Estimates report on Tuesday February 11 included updated wheat projections.
The US corn forecast for 2024/25 was...