Soy Oil Futures Sink, Quarterly Stocks Report Weighs

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Soy Oil Futures Sink, Quarterly Stocks Report Weighs

Alexandra Watts | 09.29.2023

Global vegetable oil futures were lower on Friday, as traders adjusted positions ahead of the weekend. Soybean oil prices were down early in the day and extended lower after the noon release of the USDA’s latest Quarterly Stocks Report. The agency showed old U.S. soybean stocks at 268 million bushels as of September 1, down two percent on the year but well above the average market estimate of about 242 million bushels. On-farm soybean stocks totaled 72 million bushels...

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U.S. Corn and Soybean Stocks Drop, Wheat Higher YOY

U.S. Corn and Soybean Stocks Drop, Wheat Higher YOY

Grain and feed products were mixed throughout the week....

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Hemp Extracts Continue to Vex State Governments

Hemp Extracts Continue to Vex State Governments

We reported two weeks ago that Missouri regulators recalled 62,000 products after...

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Sausage Casings Bulletin September 29th, 2023

Sausage Casings Bulletin September 29th, 2023

*Note on Methodology Change*

After soliciting feedback regarding a proposed change in how the EU and...

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Minimal Hide Trading to Conclude Week

Minimal Hide Trading to Conclude Week

Price Guide Correction

Thursday, Sep 28

Processor NHNDC 47-53 - $21 per piece *

Hide trading was minimal today, while several sellers...

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Soybean Meal Market Dives, Protein Prices Steady to Close Week

Soybean Meal Market Dives, Protein Prices Steady to Close Week

Trading was quiet today with no changes reported despite a big drop in the soybean meal market.
The animal...

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Neste Expands SAF, RD Supply Capacity on West Coast

Neste Expands SAF, RD Supply Capacity on West Coast

*Please Note – Bob Lane was out of the office today and will return on Monday, October 2, 2023.

Biofuels...

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Vegetable Oils & Animal Fat Prices Post Week on Week Drop

Vegetable Oils & Animal Fat Prices Post Week on Week Drop

The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT...

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Organic Dairies Still Feeling Impacts of High Prices

Organic Dairies Still Feeling Impacts of High Prices

Organic fluid milk sales increased 0.7 percent year over year for the...

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09.29.2023

Vegetable Oils & Animal Fat Prices Post Week on Week Drop

Vegetable Oils & Animal Fat Prices Post Week on Week Drop

The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...

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09.29.2023

Hemp Extracts Continue to Vex State Governments

Hemp Extracts Continue to Vex State Governments

We reported two weeks ago that Missouri regulators recalled 62,000 products after discovering Robertsville-based Delta Extraction substituted hemp-derived isomers of CBD, like...

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09.29.2023

Soybean Meal Market Dives, Protein Prices Steady to Close Week

Soybean Meal Market Dives, Protein Prices Steady to Close Week

Trading was quiet today with no changes reported despite a big drop in the soybean meal market.
The animal proteins market has been mostly sideways this week with most...

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