Economic Optimism Drives Soybean Oil Rally
Soybean oil futures rallied Tuesday as a resumption of the rally in crude oil reflected increased optimism about the economy as state and local governments gradually relax restrictions put in place to slow the spread of the coronavirus. The rally drove soybean oil futures more than 2 1/4 percent higher (July contract +63 basis points per pound) and erased most of the decline that occurred in the last four days of last week. The…
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
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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...