Animal Fats – International

Overall the export markets have been quiet this week as buyers and sellers take a wait-and-see approach to the markets after Tuesday’s nosedive at the Chicago Mercantile Exchange. The tough stance the Trump administration is taking on trade has roiled the markets, as it has multiple times during the administration’s tenure. Soybean oil prices touched as low as $0.2779 on Tuesday before rebounding to $0.2885 for the close. Today’s action has been in the…