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,...
SHARP DECLINE IN CRUDE OIL TRIGGERS SELLING ACROSS COMMODITY SPACE
Soybean complex futures settled lower on Tuesday pressured by weakness across the commodity space that was triggered by a seven-percent decline in crude oil prices. The across-the-board selling left soybean and soybean oil futures down about 1/2 percent. Nearby soybean meal futures also settled about 1/2 percent lower, but losses in deferred…