Fastmarkets assessed the
The move in basis countered a slight uptick in futures prices on Tuesday. Fastmarkets’ price assessment for
CME May soybean oil futures ended the day at $0.4531 per lb, up by 27 basis points per lb or 0.6%, and July soybean oil futures closed at $0.4588 per lb, up by 22 basis points per lb or 0.5%.
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12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...