International animal fats and oils, May 2 2024

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International animal fats and oils, May 2 2024

Trade was slow in Europe in the week to Thursday May 2, with animal fats prices showing no change, while the vegetable oil and used cooking oil (UCO) sectors exhibited volatility.

UCO trading was reported at $1,030 per tonne CIF Amsterdam-Rotterdam-Antwerp (ARA) for delivery in ISO tanks, while offers for flexi tank deliveries were heard below $1,000 per tonne CIF. 

Market sources reported multiple trades in the European domestic market in the range of €1,035-1,060 ($1,105-1,132) per tonne DDP North-West Europe, while...

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US soybean crush above monthly, yearly levels in March

US soybean crush above monthly, yearly levels in March

Chicago Mercantile Exchange (CME) grain prices shifted higher across the board on Thursday May 2.

July soybeans increased...

Hide trading active on May 2; export sales, shipments soften

Hide trading active on May 2; export sales, shipments soften

Hide trading was active in the US on Thursday May 2 after Chinese buyers returned to the market following...

Mato Grosso wet blue TR1 hides trade sideways

Mato Grosso wet blue TR1 hides trade sideways

During the week started on Monday April 29, wet blue TR1 hides from Mato Grosso traded sideways from the...

Pressure on US soybean oil cash basis shows no sign of abating: sources

Pressure on US soybean oil cash basis shows no sign of abating: sources

Interior US cash basis on crude/degummed and refined, bleached and deodorized (RBD) soybean oil remained under downward pressure on...

Meat and bone meal steady in most regions, lower in Australia

Meat and bone meal steady in most regions, lower in Australia

International animal proteins prices were steady to lower, depending on region, for the week to Wednesday May 1.

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that...

Distillers’ corn oil production moves higher

Distillers’ corn oil production moves higher

Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis....

Animal protein prices steady amid avian flu outbreak

Animal protein prices steady amid avian flu outbreak

US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market...

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