Bean meal prices moved higher on Tuesday in the wake of a rally in bean oil on Monday. Hedge fund traders were caught off sides coming into the week after Thanksgiving. There are still plenty of headwinds for bean meal as supplies from Argentina could surge when the new administration takes office on December 10, 2015.
Hedge fund traders appear to be experiencing a short squeeze as they added to short position in futures…
01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...