DECLINE IN PALM OIL FUTURES AND MEAL/OIL SPREADING DRIVE SOYBEAN OIL FUTURES LOWER
Soybean futures continued to move higher on Monday, but the pace of the increase slowed dramatically from the increases of the last three days. Futures rose a little more than 1/4 percent on the same themes that have been driving the market higher (concerns about dryness in Brazil and optimism about a resolution to the trade tensions…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...