April animal by-product production drops month on month
Sluggish animal protein trade was reported on Thursday June 6, keeping values flat. Market participants continued to indicate price...
The market was quiet on Thursday June 6, with steady prices indicated from most of the trade. The rebound in soybean oil prices on Thursday quieted some of the bearish talk in the market, and July futures were up 1.22 cents per lb on the day.
Spot supply for most fats is tight for June, and neither buyers nor sellers are in a rush to get July trades finalized.
The USDA released April export estimates on Thursday for animal fats...