Cash soybean oil basis steady, prices climb with gains in futures

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Cash soybean oil basis steady, prices climb with gains in futures

US interior vegetable oil markets were fairly quiet on Tuesday May 7. Prices were firm to higher following another day of gains in soybean oil and palm oil futures markets. However, soybean oil basis indications were still under pressure, with nearby trading still stalled due to subdued demand from the renewable diesel sector.

Many buyers from that industry have covered their positions through the end of the second quarter, market sources said. Storage tanks at renewable diesel plants are bri...

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Brazil weather pressures global soybean stocks

Brazil weather pressures global soybean stocks

Conventional soybean markets surged on news of weather concerns in key soybean producing regions in Brazil. Fastmarkets reported...

Strong biodiesel production seen weighing on crude glycerin prices

Strong biodiesel production seen weighing on crude glycerin prices

The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining...

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for...

Year-to-date commercial cattle production falls 2.30% y-o-y

Year-to-date commercial cattle production falls 2.30% y-o-y

US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only...

Central Illinois soybean meal prices hit 4-month high

Central Illinois soybean meal prices hit 4-month high

Chicago Mercantile Exchange (CME) grain prices edged higher across the board on Monday May 6.

The July CME...

Hide trading minimal on May 6; cattle slaughter tracks below 2023

Hide trading minimal on May 6; cattle slaughter tracks below 2023

Hide trading was minimal to start the week on Monday May 6, with multiple market participants expecting more trading...

Soybean oil futures open week with solid gains

Soybean oil futures open week with solid gains

Cash vegetable oil prices were little changed to higher on Monday May 6. Outright prices tracked gains in Malaysian...

Organic soybean meal imports surge in Q1

Organic soybean meal imports surge in Q1

A rise in organic soybean meal imports could be the catalyst that drives price action during the...

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Sausage casings bulletin, May 2, 2025

Sausage casings bulletin, May 2, 2025

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04.25.2025

Sausage casings bulletin, April 25, 2025

Sausage casings bulletin, April 25, 2025

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04.11.2025

Sausage casings bulletin, April 11, 2025

Sausage casings bulletin, April 11, 2025

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