World Vegetable Oil Prices Drop on Concerns about Demand

World Vegetable Oil Prices Drop on Concerns about Demand

World Vegetable Oil Prices Drop on Concerns about Demand

Weak crude oil prices and fund spreading broke the streak of higher daily prices in the soybean oil market on Thursday, with most contracts down about 1/2 percent (May contract -14 basis points per pound). Slowing ethanol production, which will reduce the availability of distillers’ dried grains (DDGs) to the feed industry, triggered buying in the soybean meal…

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03.27.2024

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...

03.27.2024

Sellers see steady to higher prices on interior market trades

Sellers see steady to higher prices on interior market trades

Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75 cents lb. Trading into the Gulf and on an FOB...

03.27.2024

Aprill broiler slaughter forecasted below 2023

Aprill broiler slaughter forecasted below 2023

The proximity of the extended Easter holiday weekend kept some participants off the market at mid-week, leaving values generally steady.

Poultry by-product pet grade was reported lower in...

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