Bean oil prices edged lower on Monday and are poised to test target resistance near the December lows at 31.10. Prices continue to face headwinds as a stronger dollar erodes commodity values and strong soybean yields make owning soybeans a difficult endeavor.
On Friday, weekly old crop export sales reported plunged to just 500,000 bushels, as deals previously allocated to unknown destinations…
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...