Soybean oil attempted to hold ground today. The market traded sideways and was even in positive territory for most of the day, but the afternoon proved too much and support crumbled. Futures traded as high as 32.04 and as low as 31.52 but showed promise as the market hit its high around 11am. That quickly evaporated and the market moved steadily lower and hit its low of the day before slightly rebounding to 31.55 cents per…
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...