Canola oil prices have come off their highs after notching up a 2-year peak at the beginning of September. The move in canola came in tandem with benchmark soy bean oil which has also faced headwinds during September. The coming harvest is expected to be very robust, and an increase in crush activity could put further downward pressure on sead oil and vegetable oil prices. The recent rise in the U.S. dollar, has also…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...