Soybean meal prices are testing support levels, as the global commodity slump continues. With the exception of gold prices, demand for intermediate goods into China have declined, reducing support for bean meal. Soy bean planting intensions are lagging in Wisconsin and Illinois, but are in the low 90’s in Iowa, Nebraska, South Dakota and Minnesota. Hedge funds added to short position in…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...