There have been two articles run by major news outlets over the past two days discussing carbon-friendly commodity practices. The upshot is that decarbonization is coming to the agriculture markets. The WSJ ran an article today that discussed how commodity traders, such as Trafigura, could get cheaper financing rates by lowering commodities’ carbon production. Those discounts help produce and deliver the raw materials that power the global economy more sustainably. Decarbonization is becoming a vital issue for the metals market. This article follows a similar report focusing on agriculture. The Washinton post ran a piece that describes payments to farmers who use specific decarbonizing practices.
The article discusses how in 2020, a particular farmer became the first seller in a privately run farmer-focused marketplace that paid him $115,000 for practices that had sequestered just over 8,000…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...