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Blog

Recent uptick in refined soybean oil basis likely to stall: sources

Alexandra Watts | 02.14.2025

This week’s push higher in basis indications for interior US refined, bleached and deodorized (RBD) soybean oil was expected to be short-lived, trading sources told Fastmarkets on Friday February 14.

In the week to Friday, the basis on prompt central Illinois RBD soyoil moved up to a premium of 200-300 basis points per lb FOB to March soybean oil futures in Chicago, compared with a premium of 150-200 basis points per lb to the underlying futures contract previously. At one point, offers for...

UCO, DCO prices inch higher while tallow markets face mixed signals

Many US animal fats and oils markets continued to strengthen on Thursday February 13, although some sources expressed mixed...

European feedstock market broadly stable; UCO, animal fats demand also stable

The European feedstock market did not show much change in the week to Thursday February 13, with price levels...

US weekly soybean meal sales, exports fall from marketing-year highs

US net soybean meal and soybean cake sales and exports were both down in the week to February 6,...

US weekly export hide sales down 6%; YTD shipments down 9%

The US hide market was quiet on Thursday February 13, with reports indicating that heavy native steers were traded...

European beef, veal prices reach historic highs

Europe
The price of European beef and veal is at historically high levels in the week to Thursday February...

US soyoil export sales slide to marketing-year low, could rebound: sources

US soybean oil sales and exports declined for a second straight week, with sales falling to a marketing-year low...

US MBM price pressure pulls Indonesia MBM prices lower

The Australian, New Zealand and China markets were flat for the week to Thursday February 13. However, market sources...

States grapple with cannabis policy as hemp markets surge

Cannabis policy continues to occupy state legislators as they press into new territory. Prohibition made cannabis policy far simpler, but...

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06.27.2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

Resale European hog runner:
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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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Recent uptick in refined soybean oil basis likely to stall: sources

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