Soybean oil futures were off to the races for the second consecutive day up 0.42 to 33.05 cents per pound for the July contract. That is nearly a 1½ cent per pound gain in the past two days. According to some crushers I spoke with their does not appear to be a whole lot of logic behind the market move and it has the SBO brokers sitting on their hands for the moment, waiting for the things to settle down. SBO’s move higher appears to be…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...