Canola prices rolled over after suring toward resistance near the Bollinger band highs which are two-standard deviations above the 20-day moving average at 38.50. Additional resistance was seen near the late March highs which came in at the same level. Despite continued demand for bean oil for feed and food in the U.S. and China, an overhand of inventories from last autumns harvest continues to cap prices.
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02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...