Heating oil managed to sidestep yesterday’s decline in oil but couldn’t get out of the way of today’s beating. The May crude oil future mercifully expired allowing full attention to shift to June. The June contract did not fare any better, as the forward price plunged 43 percent to $11.57 cents per barrel. Heating oil loosely followed, dropping more than 18% to 72.69 cents per gallon.
The bean…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...