05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Weekly Recap
Soybean futures closed lower on a weekly basis, erasing last week’s gains and settling at the lowest weekly close in nearly a year. Prices fell 31 cents per bushel for the May contract and 28.75 cents for July. Bearish sentiment followed lowered forecasted demand from China. Friday’s…