OPTIMISM ABOUT RESOLUTION OF TRADE TENSIONS DRIVES WORLD OILSEED PRICES HIGHER
Soybean futures continued to rally on Friday, supported by optimism about a potential resolution to trade tensions between the United States and China. The buying drove the nearby contract almost one percent higher but gains in deferred contracts were smaller with the November 2019 contract up just a little more than 3/4 percent. For the week, the March contract…
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...