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.
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02.25.2025
Prices for US animal fats and oils hold steady amid pressure from outside markets
The US animal fats and oils markets held steady on Tuesday February 25, with limited new trades reported throughout the day.
Following an active trading week last week,...
02.25.2025
US weekly soybean, wheat export inspections increase; corn drops
Export inspections of US grains showed a decline for corn, but an increase for soybean and wheat in the week to Thursday February 20, according to USDA data released...
02.25.2025
US hide export shipments fall below weekly, yearly levels
US hide trading was relatively slow, with a reported trade on heavy native steers (HNS) at steady levels and a slight dip for butt branded steers (BBS). Market participants...