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...
Bean meals price continues to face headwinds as the supply side seems to be robust and demand might be wainning. Recent import data from China shows that one of the largest importers globally is slowing down. This is not good new for bean meal prices, and could generate an additinal drag. Meanwhile hedge fund traders added to short position according to the most recent industry…