West Texas Intermediate (WTI) crude values gained more than 11 percent this week pushing 5.7 percent higher today to 39.55 per barrel. Crude prices have gained $27.98 per barrel since hitting a pandemic closing low of $11.53 per barrel. Despite the rise in price this week, WTI prices are still 26.75 percent below values seen at this time last year.
…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...