05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Soybean oil prices gained Monday investor’s exited bearish bets and additional simulative policy from the Chinese Central Bank. Prices for the bean oil advanced as excess rain in Argentina slowed harvest there, and speculation continued that truckers in Brazil could resume earlier protests, sending foreign buyers to the U.S. for supplies instead.
Reports over the weekend that China had taken…