Trading was mostly quiet to start the week, but there were indications that sellers are seeking higher prices. Gulf UCO values are higher today, driven by strong demand through O-N-D. Soybean oil prices did move higher again today with the October contract settling at 34.23.
Cattle slaughter finished last week at 574,000 head, down 9.7 percent from a year ago and down 9.3 percent relative to the year prior. Slaughter is forecast to move lower over the next six weeks. This week, slaughter is projected out at 645,000 head, down 2.4 percent from last year. Over the next six weeks, slaughter is forecast at…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...