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.
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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 Thursday May 2 amid minimal trading interest and low volumes for nearby positions, sources told Fastmarkets.
End users were very well covered through September, a market source said. As a result, buying — especially from the renewable diesel sector — has been limited, even amid reduced offer prices from sellers.
Many renewable diesel producers have been buying cheaper products such as animal ...
