International animal proteins rangebound week on week
International animal protein prices were steady for the week to Thursday May 9, with all trades reported remaining within...
US vegetable oil spot trading remained sluggish with most prices falling on Thursday May 9, in line with sharp daily losses for soybean oil futures in Chicago.
Fastmarkets assessed cottonseed oil, PBSY, fob Mississippi Valley for nearby delivery at $0.50 per lb on Thursday, down from $0.52 per lb on Wednesday, where it had been since April 18.
On the Chicago Mercantile Exchange (CME), soybean oil futures crumbled on Thursday as funds liquidated long positions and took profits ahead of the May...