Sinking soybean oil, heating oil markets, limit trade amid loss of power in Houston

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Sinking soybean oil, heating oil markets, limit trade amid loss of power in Houston

Distiller’s corn oil (DCO) FOB prices moved lower on Tuesday July 9 following the drop in soybean oil prices, despite some sellers continuing to offer nearby material as high as 50 cents per lb.

Trading was done out of the Missouri River market in a range of 47-48 cents per lb for July-September shipment, and trading was heard done into the Gulf market at 51-52 cents per lb on Tuesday morning.

The overall tone of the market was quiet on Tuesday, ...

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Reductions in US feathermeal exports puts pressure on values

Reductions in US feathermeal exports puts pressure on values

The US domestic protein market was quiet on Tuesday July 9, with limited price changes reported on ruminant and...

US crop conditions improve; corn dough stage underway

US crop conditions improve; corn dough stage underway

Chicago Mercantile Exchange grain prices were mixed on Tuesday July 9. The August CME soybean futures contract fell by...

Hide sellers slammed with claims; poor demand for US cow hides

Hide sellers slammed with claims; poor demand for US cow hides

Several sources reported a large influx of claims made by hide buyers regarding previously purchased material received on July...

SBO basis firms; futures market faces sell-off

SBO basis firms; futures market faces sell-off

Spot basis on central Illinois and US Gulf Coast crude-degummed soybean oil continued to move higher on Tuesday July...

End users continue to employ hand-to-mouth buying for organic feed grains

End users continue to employ hand-to-mouth buying for organic feed grains

One way to describe the organic feed market is stuck.  End users believe that prices will remain subdued, allowing...

US glycerin prices diverge as market debates supply through end of year

US glycerin prices diverge as market debates supply through end of year

US glycerin prices diverged slightly on Monday July 8 as market participants gave mixed views about how supply and...

US DCO prices jump on strength from soybean oil

US DCO prices jump on strength from soybean oil

Distillers’ corn oil (DCO) traded higher in the US on Monday July 8, boosted by a strong cash soybean...

US hog slaughter headcount moves up year on year at start of July

US hog slaughter headcount moves up year on year at start of July

The US animal protein market was quiet on Monday July 8, with no price changes reported.

Fastmarkets’ research...

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