Bean meal prices consolidated on Wednesday after surging on Tuesday following the long holiday weekend. Prices were buoyed as dryer than normal weather is forecast to cover most of the mid-west for the next 8-14 days. In addition, the surge in crude oil prices buoyed bean oil prices which is used as an input into the bio-diesel process. Hedge funds were caught offsides, with large short positions relative…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...