05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Increasing Exports Could be Derailed by a Streak of Storms
The hurricane season in the US has reached its peak, and with 3-hurricanes brewing in the Atlantic, petroleum imports and exports could be curtailed. US crude oil exports increased nearly 80% in the first half of 2018 year over year and set a new monthly record at 2.2 million barrels a day in June. While price spikes can occur, especially on product prices such as gasoline and heating oil, the…