Bean meal prices consolidated on Wednesday after surging on Tuesday following the long holiday weekend. Prices were buoyed as dryer than normal weather is forecast to cover most of the mid-west for the next 8-14 days. In addition, the surge in crude oil prices buoyed bean oil prices which is used as an input into the bio-diesel process. Hedge funds were caught offsides, with large short positions relative…
02.10.2025
US cattle slaughter edges higher; animal fats, UCO start week quiet
The US animal fats and oils markets opened the week on Monday February 10 on a quiet note, with prices holding steady despite discussions of continued strength and stability.
02.10.2025
Central Illinois soybean crush margin falls below weekly, yearly levels
In the week to Friday February 7, the soybean crush margin in Central Illinois decreased by 6% week on week and by 19% year on year, according to the...
02.10.2025
US hide trading quiet to start week
The US hide market was steady on Monday February 10, with sources reporting limited activity and prices consistent with those from the previous week.
Cattle slaughter forecast
Fastmarkets’...