International animal proteins July 11, 2024
International animal protein values were mixed for the week to Thursday July 11.
Fastmarkets assessed bloodmeal, 85 Pro,...
Soybean oil futures prices pressed higher on Thursday July 11 while funds covered short positions before the release of the USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) report on Friday July 12.
August soybean oil futures on the Chicago Mercantile Exchange settled at $0.4712 per lb on Thursday, up by 78 basis points per lb, or 1.68%, from a close of $0.4634 per lb a day earlier.
Market participants expect the USDA's WASDE report could show a slight increase...