07.18.2025
Sausage casings bulletin, July 18, 2025

Runner market commentary
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The oil share is rebounding and has rallied 5% since hitting a low of 0.29 in late February. The rebound in the oil share appears to be more of a function of declining bean meal prices then a rally in bean oil. Hedge fund traders reduced long position in bean oil futures and options and increase short position according to the latest report from the Commodity Futures Trading Commission.
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