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Blog

Soybean oil futures spiral lower with no Chinese UCO tariff hike

Alexandra Watts | 05.14.2024

In Chicago, soybean oil futures spiraled lower on Tuesday May 14 amid reports the US will not impose higher tariffs on Chinese used cooking oil (UCO) imports. On Tuesday, the US White House announced increased tariffs on several Chinese goods, but this did not include UCO.

On the Chicago Mercantile Exchange (CME), the most widely traded July soybean oil futures ended at $0.4340 per lb on Tuesday, down 175 basis points per lb, or 3.88%, from $0.4515 per lb on Monday May...

Uncertified operations outnumber occurences of fraud

Historically, many operations have farmed organically and advertised their products with an "organic" label, without being certified. For...

US glycerin prices mostly steady amid increasing biodiesel production

Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been...

Weekly cattle slaughter forecast to remain below 2023 levels into June

US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18,...

Six-week hog slaughter forecast to be flat or up from 2023

US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May...

Central Illinois soybean prices hit 3-month high

Chicago Mercantile Exchange (CME) grain prices rose on Monday May 13. The July wheat futures contract increased by 23.50...

Hide trading slow in May

May and June are historically the slowest months of the year for hide trading, which continues to be the...

Cottonseed oil price bumps higher with rally in soybean oil futures

The US cash vegetable oil market was quiet on Monday May 13, with many market sources traveling to Chicago...

2024 RIN Dashboard April Edition

Renewable Identification Number (RIN) generation has been strong during the first quarter of 2024. The original 2024 mandate...

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

Resale European hog runner:
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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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Blog

Soybean oil futures spiral lower with no Chinese UCO tariff hike

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