International animal proteins bulletin July 18, 2024
International animal proteins were mixed in the week to Thursday July 18.
Prices in New Zealand were reported...
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US soybean oil cash basis indications remain robust
US cash basis indications on crude-degummed and refined, bleached and deodorized soybean oil in central Illinois were slightly mixed but still robust as of Thursday July 18.
Fastmarkets assessed soybean oil, basis, crude-degummed, fob central Illinois at a premium of 200-250 basis points per lb to the August soybean oil futures contract on the Chicago Mercantile Exchange. This was up from a premium of 50-100 basis points per lb earlier this week.
At the US Gulf, Fastmarkets assessed soybean oil, basis, crude-degummed,...
