05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
SHARP DECLINE IN CRUDE OIL PRESSURES WORLD VEGETABLE OIL PRICES
Soybean futures were narrowly mixed on Tuesday after trading in a 10-cent range with most contracts marginally lower, but the November 2019 contract up 1/2 cent on spreading. Prices were pressured by weakness in soybean oil futures, which settled more than 1 1/4 percent lower on Tuesday. Soybean oil futures were pressured by weakness in crude oil…