Bean meal prices are holding steady at lower levels, as trader’s await news on the impending harvest. Prices are depresed by signs of a robust harvest, and a large carryover that is slowly dwindling. Export sales to China have been picking up as U.S. bean prices are attractive. Hedge fund traders added to short position in futures and options as bets continue to line up that the bean market will head…
02.05.2025
Fats exports rise in 2024; DCO, ethanol production reach 2-month high
The US animal fats and oils markets were stable to higher on Wednesday February 5 as ongoing strength in the Chicago markets continued to ripple into nearby regions, lifting...
02.05.2025
Mixed inventory levels, overall unease impact meat and bonemeal trade
Unease and mixed tones were reported from market sources on Wednesday February 5 for US animal proteins, specifically meat and bonemeal (MBM).
A variety of factors — lessened...
02.05.2025
US weekly ethanol production hits 2-month high; stocks rebound
US weekly average ethanol production rose to a two-month high of 1.112 million barrels per day in the week to January 31, according to the US Energy Information Administration...