The Dow gave up nearly all the gains made over the past week as the Index closed just over 600 points lower to start the week. Crude closed below $60 per barrel for the first time sine Feb 13, 2018, settling at $59.93. Heating oil also continued to churn lower, closing at 2.1556 per gallon, its lowest level since August 21. Soybean oil prices edged 9 ticks…
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...