Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday, July soybean oil futures on the Chicago Mercantile Exchange (CME) closed at $0.4452 per lb, up by 97 basis points, or 2.23%, from $0.4355 per lb on May 15.
Soybean oil futures rebounded on Thursday on technical buying after falling in the midweek on data from the National Oilseed Processors Association (NOPA) that showed US soybean crush fell to a seven-month low of 166.03 million bushels in April.
…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...