05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Used cooking oil (UCO) price levels did not have much change during the week, with some trading activity reported at $945/mt CIF Amsterdam, Rotterdam, Antwerp, Ghent (ARAG).
Market sources also reported a trade for European UCO at €1,010/mt DDP ARAG at the beginning of the week, with further offers at €1,000/mt DDP versus €950/mt on the buying side.
Rapeseed oil (RSO) prices did not move much this week, with March-April loading offers heard at €870/mt FOB Dutch Mill, while buyers targeted for €850/mt. Further selling ideas for May-July and August-October were reported at €860-862/mt versus buying interest at €850/mt FOB.
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