Weekly Recap
Soybean futures closed higher for the first time in six weeks, bouncing of support at price levels not seen since April of 2016. July futures prices climbed 2.2% week over week, with Aug gaining 2.3%. Planting progress improved, moving from lagging the 5-year average to exceeding it. This is the second time in six weeks that prices have…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...