Soybean oil rebound fails to lift US fats and oils as uncertainty remains

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Soybean oil rebound fails to lift US fats and oils as uncertainty remains

For the week ended Friday August 9, packer bleachable fancy tallow (BFT) prices in the US declined by 4.6% compared with the previous week’s average, driven by a drop in Gulf prices, reduced renewable demand, and recent softness in the soybean oil market.

Distillers’ corn oil (DCO) prices on the FOB Missouri River market decreased by 4.0% week on week, reflecting strong production and the downtrend in delivered Gulf prices.

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Sausage casings bulletin, August 9, 2024

Sausage casings bulletin, August 9, 2024

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Corn, soybean futures continue to fall, marking 4-day losing streak

Corn, soybean futures continue to fall, marking 4-day losing streak

Most grain prices on the Chicago Mercantile Exchange fell on Friday August 9. The November soybean futures contract decreased...

Inelastic prices for finished leather puts ceiling on hide prices

Inelastic prices for finished leather puts ceiling on hide prices

The hide trading week ended on Friday August 9 was active for the steer and heifer hide markets, with...

Soybean oil futures end volatile week slightly higher ahead of WASDE

Soybean oil futures end volatile week slightly higher ahead of WASDE

US soybean oil futures on the Chicago Mercantile Exchange closed higher on Friday August 9, with funds covering short...

Organic feed wheat prices lower, questions on quality remain

Organic feed wheat prices lower, questions on quality remain

Organic Wheat prices have declined further as growers and traders continue to look for outlets for their wheat to...

California’s on-road renewable diesel consumption climbs to 65% of in-state diesel consumption

California’s on-road renewable diesel consumption climbs to 65% of in-state diesel consumption

The California Air Resources Board (CARB) released first-quarter fuel consumption data regarding the state’s Low Carbon Fuel Standard (LCFS)...

US tallow trades lower despite rising soybean oil, RIN prices

US tallow trades lower despite rising soybean oil, RIN prices

Five cars of packer-grade bleachable fancy tallow traded lower on Thursday August 8, down by 2.00 cents per lb...

Diminished US dog and cat food export weighs on poultry by-product pet grade

Diminished US dog and cat food export weighs on poultry by-product pet grade

Limited trade volume was reported in US animal proteins for Thursday August 8. Pressure from lower soybean meal prices...

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