Bean oil prices are consolidating ahead of Monday’s crop progress report on beans. Prices were buoyed by large buy backs which occurred last week according to the latest commitment of trader’s report which focusses on futures positions. The technicals are negative as prices approach key support levels. As of the week ending June 18, 2017, soybeans jump ahead of 5-year average with 89%…
01.13.2025
Glycerin prices unchanged; buyers, sellers cautious about market trend
80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...
01.13.2025
Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks
The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
01.13.2025
Weekly hog slaughter forecast at 2.57 million into February
US animal protein prices were steady day on day on Monday January 13.
Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...