Two cars of lard traded into the Chicago market today.
The EIA ethanol production estimate for last week was down 16.4 percent from the week prior, the lowest production estimate since the week ending September 20, 2013. With ethanol margins at an estimated negative fifty cents, gasoline demand down 25 percent from last week and ethanol storage up to an all time high at 25.7 million barrels (just over 1 bil…
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...