Soybean oil prices whipsawed on Friday and Monday and prices are now hovering around Tuesday’s close. With record soybean crops in South America and the likelihood that U.S. farmers increased soybean acreage this year, the bean complex is likely to remain under pressure.
As of Friday, soybean growers across the U.S. had 61 percent of their soybeans planted and 6 percent ahead of the…
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...