05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
March WASDE provides little in the way of new news for soybeans and soybean oil
The U.S. soybean supply and use forecast for 2014/15 was left unchanged this month. Soybean crush and export activity held at February projections levels of 1,795 and 1,790 million bushels respectively. Ending stocks remain forecast to hold at an 8-year high of 385 million bushels.
Global oilseed production moved fractionally higher from last month with minor changes in…