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Depressed Demand Weighs Further on Spot Markets

Alexandra Watts | 12.22.2023

**Please note – There will be no report on Monday, Dec 25th.**

Cash markets for soybean oil and other vegetable oils slowed to a near halt on Friday, with the majority of participants out of their offices for the Christmas holiday. Basis on interior U.S. soybean oil eased further this week due to continued sluggishness in demand from the biofuel and food industries. Some reasons include reduced margins and low renewable identification number (RIN) prices. Indications on refined, bleached, and deodorized soybean oil (RBD) soybean oil in central Illinois stepped down to 9.75 cents over January soybean oil futures this week.

Figure 1.

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06.27.2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

Resale European hog runner:
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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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Depressed Demand Weighs Further on Spot Markets

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