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...
WORLD VEGETABLE OIL PRICES RALLY DESPITE DATA SUGGESTING SLOWING WORLD ECONOMY
Nearby soybean futures lost a little more than 3/4 percent following the long holiday weekend, but losses in deferred contracts were smaller with the November 2019 contract off a little more than 1/2 percent. Prices were pressured by news stories suggesting a rift in the discussions between the United States and China to resolve the…