The closing numbers
Crude oil tumbled nearly 3% while gas and heating oil futures ran higher, as Harvey settled in over Texas. Less oil is going to be demanded by refiners in Texas as they shut down for days/weeks due to the impact of Harvey. However, even though the refiners will be using less oil over the near term, gas and heating oil demand will…
02.06.2025
US inedible meat meal, feathermeal export volumes decline y-o-y in 2024
US feathermeal (FM) exports decreased month on month in December, while inedible meat meal (IE MM) exports increased, according to data from the USDA Foreign Agricultural Service’s Global Agricultural...
02.06.2025
Stronger US demand support higher Brazilian tallow prices
The price reference for exported Brazilian tallow increased in the week to Thursday February 6 amid stronger demand from US buyers, sources told Fastmarkets. Meanwhile, the domestic market edged...
02.06.2025
US weekly soybean meal exports, sales surge to new marketing-year highs
2024/25 soybean meal sales were up by 29% week on week to a total of 530,600 tonnes, compared with 410,300 tonnes the week before.
Meal sales increases went...