Summer Weight Change Now in Effect
Every year on April 1, the Price Guide is modified to reflect lighter summer weights. While a large quantity of trades is listed today, the bulk are carry-overs from last week into the new weight range. Summer and winter weights are defined in The Jacobsen Rules for Reporting Hides Trades found at the bottom of this page.
The Price Guide will once again be modified on October 1 when we switch back to…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...