05.16.2024
Animal fat prices steady on limited volume traded
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,...
A Collapse in Crude Oil Prices Triggers Selling in World Vegetable Oil Markets
Falling crude oil prices drove world vegetable oil markets lower on Monday. Soybean oil futures were marginally lower (July contract -3 basis points per pound) and settled within the middle of the trading range. However, technically-driven…