Soybean Oil Prices Rally on Gains in Crude Oil and Soybean Futures, but Fund Spreading Limits Advance
A rally in crude oil prices and sharp gains in the soybean complex helped lift soybean oil futures by almost two percent (May contract +50 basis points per pound) on Monday. However, gains were smaller in deferred contracts, and fund liquidation of long oil share positions limited the advance. The rally, which was…
11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...