DCO prices nearing yearly high relative to soybean oil

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DCO prices nearing yearly high relative to soybean oil

Tallow traded into the Gulf market in a range of 49.5-50.0 cents per lb delivered on Tuesday July 16. Used cooking oil (UCO) trading was steady at 47.5 cents per lb delivered for the nearby market and up 0.5 cents per lb from the last traded level for shipment in the one month forward position.

The Chicago market remains quiet, although there are persistent reports of buying interest meeting a lack of nearby supply.

Choice white grease traded up 0.5 cents per lb out of the...

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US animal proteins mixed on depressed CBOT soybean meal prices

US animal proteins mixed on depressed CBOT soybean meal prices

The US animal proteins market was quiet on Tuesday July 16, sources told Fastmarkets, although product values were mixed...

US corn, soybean crop conditions steady; spring wheat improves

US corn, soybean crop conditions steady; spring wheat improves

Most grain prices on the Chicago Mercantile Exchange rose on Tuesday July 16. The August soybean futures contract increased...

US wet blue export shipments at 130,986 head, up 33% year to date

US wet blue export shipments at 130,986 head, up 33% year to date

In the US, regular-weight Colorado branded steers (CBS) were unchanged at $19.25 per piece on Tuesday July 16, while...

Domestic cash soy oil basis levels supported by nearby market tightness

Domestic cash soy oil basis levels supported by nearby market tightness

Cash basis levels on US interior crude-degummed and refined, bleached, and deodorized (RBD) soybean oil were mostly firm on...

NOPA crush shows lower US soybean oil stocks as demand from RD producers rises

NOPA crush shows lower US soybean oil stocks as demand from RD producers rises

The National Oilseed Processors Association (NOPA) reported on Monday July 15 a record-high June soybean crush in the US...

Missouri River, Illinois/Wisconsin DCO markets jump; deferred positions fall

Missouri River, Illinois/Wisconsin DCO markets jump; deferred positions fall

September and October DCO prices were indicated lower for the Illinois/Wisconsin and Missouri River markets due to weakness in...

Elevated cattle weights prop up beef production levels

Elevated cattle weights prop up beef production levels

Fastmarkets assessed feathermeal, fob US Midwest at $475-525 per short ton on Monday, down from $475-550 per short ton...

Central Illinois soybean, soybean meal prices hit 2-month low

Central Illinois soybean, soybean meal prices hit 2-month low

Chicago Mercantile Exchange grain prices fell on Monday July 15, with the August CME soybean futures contract decreasing by...

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