05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
CWG traded at $0.2750 – 0.2775 Chicago this afternoon, three at the former and four at the latter. One of the $0.2750 cars was just outside of the 30-day window. Trading in the Mo. River truck market has picked up with $0.2600 – 0.2775 reported. There was some light trading done as high as $0.2850.
Chicago Packer tallow traded on a formula basis this afternoon and renderer remains quiet at $0.2900. Sources continue to call the market, “extremely tight.”
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