Vegetable Fats & Oils

Vegetable Fats & Oils

 

NOPA crush, up 5.23% over last year but slowing

The June soybean crush totaled 142.473 million bushels, which beat analyst estimates of 141.478 m/b. This is up 20% from last year and a record for June production.  However, it is also down 4% from last month and has been lower in each of the past 3 months, indicating that the crush is slowing.  5.23% more soybeans have been crushed from September through June than had been crushed during the same time…

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10.30.2024

P66’s renewable segment reports Q3 earnings loss of $116 million

P66’s renewable segment reports Q3 earnings loss of $116 million

On Tuesday October 29, Phillips 66 (P66) reported a third-quarter pre-tax loss of $116 million for its renewable fuels segment. The loss compares unfavorably to the $22 million profit...

10.30.2024

US technical tallow, CWG prices decline; DCO production reaches two-month high

US technical tallow, CWG prices decline; DCO production reaches two-month high

Fifteen railcars of technical-grade tallow traded lower on Wednesday October 30 at 48 cents per lb on a Chicago basis. Additional deals were discussed throughout the day at even...

10.30.2024

Avian flu hits 142 dairy cattle herds in California in last 30 days

Avian flu hits 142 dairy cattle herds in California in last 30 days

US animal protein prices were steady to lower on Wednesday October 30, with ruminant and porcine products rangebound for the day.

Fastmarkets assessed poultry by-product meal pet food,...

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