Opportunity in Crisis

Opportunity in Crisis

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 that they will seek approval for the newly developed COVID-19 vaccine is a shot in the arm for unsure global markets.  Today’s market activity reflects participants ambivalence, weighing the game changing vaccine with economic fallout from impending lockdown measures.  Pfizer’s collaboration has yielded a vaccine that is apparently over 90% effective, and safe. 

Pfizer says they will apply for Emergency Use Authorization (EUA) with the FDA imminently, after the required safety milestone is achieved.  Pfizer, with a $50 billion+ market cap has an historical working relationship with the FDA, having gained approval for some of the most widely used drugs, like Lipitor, Viagra, or Zoloft.  The vaccine trial began in…

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05.03.2024

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.

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05.03.2024

BFT, soybean oil weekly average prices tumble

BFT, soybean oil weekly average prices tumble

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05.03.2024

US animal protein prices remain under pressure; soymeal rises

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US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...

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