US porcine meat and bonemeal, feathermeal under price pressure
Porcine meat and bonemeal, as well as feathermeal, were under price pressure on Tuesday July 30, while the rest...
Prices in the US animal fats and oils markets ended Tuesday July 30 stable to lower, reflecting ongoing hesitancy to trade, especially outside the Gulf market, as well as lower soybean oil prices.
Gulf prices were broadly lower on the day, driven by the downturn in the heating oil and soybean oil markets, well-covered August positions and firm bids at lower prices.
The soybean oil futures market fell for the third consecutive day on Tuesday following the US Court of Appeals' ruling...