Soybean oil prices attempted to bounce near the June lows and are consolidating. Soybean oil stocks remain at elevated levels, and tariffs on soybeans continue to weigh on the entire soybean complex. The oil share, which reflects the price of soybean oil relative to soybean meal, remains near the lower end of the 5-year range, 8% below the 5-year average and 7% above the lower end of…
11.19.2024
Glycerin trades for 2025, lack of supply expected to support pricing: sources
Glycerin offers for the first quarter of 2025 have been feeling out the market over the past several weeks. A trader confirmed buying small quantities of 80% crude glycerin...
11.19.2024
US animal fats and oils markets steady; Gulf demand remains strong
The US animal fats and oils markets remained largely steady on Tuesday November 19, with limited trading activity and most market discussions centered around...
11.19.2024
Missouri River bloodmeal prices higher; Mid-South pet food-grade poultry by-product narrows
US animal protein prices were steady to higher on Tuesday November 19.
Fastmarkets assessed meat and bonemeal, ruminant, Missouri River at $250-320 per short ton, steady day on...