Slow start to week for US cash edible oil markets

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Slow start to week for US cash edible oil markets

The cash market for soybean oil and other edible oils was incredibly quiet on Tuesday May 28, with basis levels for prompt delivery fairly stable.

Market sources continued to indicate that feedstock demand from the US renewable diesel (RD) sector may be slowly ramping up following a period of diminished consumption.

Storage tanks at RD plants were said to be overflowing with feedstocks earlier this spring, according to market sources. Last week, several sources said several producers had "cleared" existing stocks and were looking for...

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Power-to-liquids SAF plant to be built in southern Denmark

Power-to-liquids SAF plant to be built in southern Denmark

Renewable power company European Energy and Swiss aviation company Metafuels will partner to build a sustainable aviation fuel (SAF)...

Fats and oils prices rise ahead of US holiday break

Fats and oils prices rise ahead of US holiday break

Please note – Fastmarkets will close assessments for animal fats and oils on Fridays through August 30 at 12pm...

Poultry proteins fall ahead of holiday break

Poultry proteins fall ahead of holiday break

Please note – The Jacobsen will close trading for proteins on Fridays through August 30th at noon CT with...

Sausage Casings Bulletin May 24, 2024

Sausage Casings Bulletin May 24, 2024

Runner market commentary
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Soymeal futures surge ahead of holiday weekend

Soymeal futures surge ahead of holiday weekend

Grain prices on the Chicago Mercantile Exchange rose on Friday May 24. The July soybean futures contract increased by...

Cured hide trading underwhelming, but wet blue sales volumes firm

Cured hide trading underwhelming, but wet blue sales volumes firm

No Bulletin/Price Guide published on Monday May 27
There will be no publication of the North American Hide Bulletin/Price...

Higher BOHO spread helps drive RIN prices up

Higher BOHO spread helps drive RIN prices up

Soybean oil futures on the Chicago Mercantile Exchange for July delivery fell on Friday May 24 on profit taking...

Organic cracked corn imports rise 9% year over year

Organic cracked corn imports rise 9% year over year

Organic corn and cracked corn imports continue to flow into the United States. According to the U.S. Customs Department,...

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