March Soybean futures saw their last three weeks of gains disappear as prices dropped 5% or 51 cents per bushel. The trucker’s strike in Brazil was lifted for at least a week, which allowed crops to flow freely to ports. Old crop exports were stronger week-over-week, but new crop exports all but dried up, leaving total exports with a 1.17% gain from the previous week. Cash prices slipped relative to the futures…
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...