US ultra-low sulfur diesel (ULSD) futures fell to a 15-month low on Wednesday August 21. Slowing economies in the US and China are weighing on markets and causing concern about the future, according to sources. A Fastmarkets survey of biodiesel producers showed prices to be following ULSD values lower.
Energy prices were pressured lower on Wednesday following a US Department of Labor report indicating job growth was overstated by 818,000 in the 12 months that ended in March. Slowing job growth is indicative of a constricting economy.
On August 15, the Chinese National Bureau of Statistics (NBS) showed housing prices in the country continued to decline, falling over 10% during the first seven months of 2024. This has caused the housing crisis in China to hit a 9-year low.
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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...