The weakness in the Indonesian market persisted with lower prices reported again this week. Trading was done $430 – 450 CIF. Heavy inventories, soybean meal in the mid-$300’s, lower bird numbers and a influx of material rejected from Vietnam have all been blamed for the lower prices. Some buyers have suggested that their October positions are done and their next buying position is for November. Trading out of China was lower as well, but not nearly…
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’...