The ample supply situation with strong runtimes reported in yesterday’s report and declines in soybean meal prices were cited as reasons for the weakness in distiller’s prices. Early in the month, end users backed away from usage. The lower value of soybean meal futures resulted in some users cutting back on distillers. The loss of demand and the lower soybean meal prices caused…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...