Canola oil prices rebounded slightly moving up to resistance levels near the 20-week moving average at 37.75. Prices have been buoyed ahead of the release by statistics Canada on its updated acreage estimates on June 29, and any surprises in the data could provide some nearby direction for canola. Trade estimates range from about 21.0 million to 22.7 million, which would compare with the 20.4 million seeded in 2016. …
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...