US fat exports lower in September; UCO prices rise day on day

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US fat exports lower in September; UCO prices rise day on day

The US animal fats and oils markets were stable to higher on Thursday November 7, with market participants expressing mixed sentiments and uncertainty about the market outlook for the end of the year.

Many in the market are confused about the direction, with vegetable oil futures trading higher globally, yet animal fat trading remains sluggish.

The most actively traded December soybean oil futures contract closed at 48.32 cents per lb on Thursday, up by 1.98 cents per lb, or 4.14%, from a...

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US soybean meal prices down to 2020 levels

US soybean meal prices down to 2020 levels

There was limited price movement in the US animal protein market on Thursday November 7, with market participants reporting...

Chinese UCO prices move higher, tracking veg oil markets

Chinese UCO prices move higher, tracking veg oil markets

Prices for animal fats were broadly stable in Europe, while prices for used cooking oil (UCO) firmed amid a...

US weekly corn, soymeal export sales jump; corn above estimates

US weekly corn, soymeal export sales jump; corn above estimates

Corn
US corn sales for 2024/25 were reported at 2.76 million tonnes in the week to October 31, up...

Fed rate cuts to increase spending on leather goods?

Fed rate cuts to increase spending on leather goods?

Hide trading was flat to last traded prices on Thursday November 7, with some sellers citing difficulty to achieve...

Brazilian TR1 hides increase in price, supported by tight supply, moderate demand

Brazilian TR1 hides increase in price, supported by tight supply, moderate demand

Brazil
Brazilian hide demand for the week ended Thursday November 7 was moderate and supply was tight, which encouraged...

US soybean oil sales surge; US Gulf basis remains robust

US soybean oil sales surge; US Gulf basis remains robust

US soybean oil 2024/25 net sales surged in the week to October 31, reaching 114,300 tonnes  â€” the highest weekly sales level...

Vietnam leading importer of US animal proteins

Vietnam leading importer of US animal proteins

Prices for meat and bone meal into Asian markets were unchanged this week, and prices were mostly steady in...

Federal research funding accelerates hemp sector growth

Federal research funding accelerates hemp sector growth

Federal funding for hemp continues to flow to US companies. The sources and targets for federal funding have been varied,...

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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