WORLD VEGETABLE OIL PRICES DROP FOR SECOND CONSECUTIVE DAY
Soybean futures lost about 3/4 percent on Tuesday, pressured by the lack of follow-through from China on a commitment to buy an additional 10 million tonnes (367 million bushels) of soybeans from the United States. The commitment was made on Friday during trade negotiations between the two countries. Traders are particularly anxious about evidence of…
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...