Oil prices are hovering near the $57 level, and appear to be balanced as we head for 2018. The was confirmed by The Energy Information Information’s forecast for balanced markets, where supply equals current demand. The EIA believes there will be supply growth that will overwhelm demand but at the same time describes the accelerating demand for products driven by gasoline. U.S. demand is at record…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...