Heating oil prices continue to directionally follow crude values. Prices edged a penny higher to just under $1.45 per gallon, while crude prices increased 19 cents to $44.93 per barrel. Soybean oil also continues to rally off its nearby lows. Prices increased for a third straight trading session, advancing 30 ticks to 32.42 cents per pound. The strong increase in soybean oil price overshadowed higher heating oil and caused the BOHO…
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...