The USDA’s Office of the Chief Economist released the monthly World Ag Supply and Demand (WASDE) data at noon Eastern time today. The Ag market dropped like a rock. Soybean oil, which had just been trading as high as 35.15 prior to the release, dropped to 34.02 in the next half an hour, and then slipped to 33.89 before recovering slightly and closing at 34.16 cents per pound.
Heating oil prices…
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...