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Blog

Nearby Supply Continues to Weigh on CWG Spot Market

Alexandra Watts | 12.11.2023

The market was fairly quiet on Monday, but choice white grease (CWG) did trade lower out of the Mo. River market. Heavy spot volume continues to weigh on the nearby market with December shipment material selling at the lower prices.

Used cooking oil (UCO) was lower into the Gulf market for December and January arrival. The low...

Hog Slaughter Forecast to Close Out 2023 above Prior Year

Limited trade was reported for the start of the week. Participants called the market quiet for Monday.

For...

Central Illinois Soybean Market Continues to Drop

Today's report suggest that DDGS prices had a slight decrease in Illinois, Indiana, Michigan, and Ohio. Market participants have...

Strong Buyer Disinterest in Wintertime Hides

The week began with a quiet tone across the market. Tanneries in Mexico will begin to close for the...

Cash Soybean Oil Basis Erodes Further

Over the last week, U.S. interior soybean oil basis levels on crude-degummed (CD) and refined, bleached, and deoderized soybean...

Organic Soybean Meal Prices Steady

Organic soybean meal prices remain steady on the East Coast, with merchandisers...

Weekly Hemp Recap

Last Week's Hemp...

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SAF Output Surges, Robust Policies Still Needed to Drive Growth: IATA

**Bob Lane was out of the office today and will return on Monday, December 18, 2023. In his absence, please...

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Fat Market Slides on Heavy Nearby Supply, Cuts in Feed Demand

There was a lot of activity today to close out the week, mostly at lower prices. Negative pressure had...

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09.20.2024

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

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09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

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09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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