Soybean oil prices broke out on Friday and continue to rise on Tuesday following the long holiday weekend. Strong demand for seed oils have buoyed prices, as a short squeeze in the futures market helped prices gain traction. Below normal precipitation is forecast in the mid-west over the next 8-14 days, which could buoy soybean prices and help seed oil remain elevated.
According to the most recent commitment of trader’s report…
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...