DESPITE BULLISH TRADE NEWS, WORLD VEGETABLE OIL PRICES SINK
Soybean futures settled slightly higher after trading about one percent higher early in the session. Prices were supported by news over the weekend that suggested a trade deal between the United States and China could be close. In addition, China offered to purchase an additional 10 million tonnes (360 million bushels) of US soybeans. The decline at the end…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.