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,...
OILSEED COMPLEX PRICES SHARPLY LOWER ON MONDAY
Technically-driven selling and weakness in soybean oil futures drove soybean futures sharply lower on Monday. Soybean futures, which had been trading in a narrow range since November 1 lost between 1 1/2 percent and a little more than two percent. The January contract, which touched the 10-day moving average most days over the last two weeks, dropped through the 10-day,…