Crushing activity was increased by 15 million bushels to 1.845 billion bushels. Increased crushing activity pushed soybean oil production 150 million pounds higher.This trickled through the balance sheet resulting in 2014/15 ending stocks increasing by 125 million pounds.
The 2015/16 marketing year started with the 125-million-pound increase, adding an additional 230 million pounds of 2015/16 production. This  translated to 2015/16 ending stocks increasing by 280 million pounds. 2015/16 ending stocks are projected to blossom to 1.82 billion pounds.
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...