Ahead of this week’s crop reported which is scheduled to be released by the USDA on Tuesday, price action has remain in a tight range. Unless the 2014 crop is lower than was estimated, large soybean stocks will continue to pressure prices. Analysts surveyed on average expects 88.87 million corn acres and 85.95 million soybeans. USDA’s February estimates were 89 and 83.5, respectively.
Bean oil prices…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...