The US vegetable oil cash market was generally dull on Tuesday February 25, although corn oil prices firmed up amid increased buying interest from the food sector for the second quarter, market sources said.
Midwest crude corn oil prices moved up to $0.50 per lb, from a level of $0.46-0.47 per lb, where they had remained for much of January and February because the majority of purchasers had their immediate needs for January, February and March met, trading sources told Fastmarkets at the time.
Fastmarkets assessed cottonseed oil, PBSY, fob Mississippi Valley at $0.50 per lb on Tuesday, unchanged on the week but down from $0.52-0.53 per lb two weeks earlier.
…
02.26.2025
US animal fats and oils prices steady as weaker RINs, energy markets weigh on sentiment
The US animal fats and oils markets held mostly steady on Wednesday February 26 as sentiment softened amid expectations that prices may have little room left to move higher,...
02.26.2025
Single species MBM prices rise; mixed species MBM continues to lag
Porcine meat and bone meal (MBM) prices were higher on Wednesday February 26, trading up to $280 per ton FOB Missouri River and Eastern Iowa/Illinois.
Sources reported that...
02.26.2025
US weekly ethanol production drops; stocks hit 4-year high
US weekly average ethanol production decreased to 1.081 million barrels per day in the week to February 21, according to the US Energy Information Administration (EIA) report released on...