WORLD VEGETABLE OIL MARKETS CONTINUE TO PLUNGE
Monday was another day of historical volatility across all major markets following a series of moves by the U.S. Federal Reserve to stabilize bond markets and ensure the plumbing of the U.S. financial system did not break down. The move, which seemed to spook markets, even if it was sufficient for its purpose, with major equities markets posting one of the largest…
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...