US grain futures rebound after previous slump

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US grain futures rebound after previous slump

Alexandra Watts | 04.19.2024

Grain futures showed a downward trend throughout the week as US soybean and corn futures reached their lowest levels in six weeks on Thursday April 18, with both markets facing pressure from hefty supplies from South America. However, grain futures rebounded on Friday April 19 after the previous slump, as heightened geopolitical tensions spurred a round of bargain buying. May soymeal futures increased by $5.70/st and closed ...

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Hide trading to continue into the weekend

Hide trading to continue into the weekend

Several market sources said negotiations are expected to continue into the weekend due to buyer...

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March US biodiesel blending declines on month

March US biodiesel blending declines on month

Soybean oil futures prices plunged again this week due to weakness in heating oil and renewable identification number (RIN)...

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Stakeholders remain skeptical over organic imports

Stakeholders remain skeptical over organic imports

The Strengthening Organic Enforcement Act (SOE) implementation has come and gone, but...

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Congressman makes bold prediction for 4/20

Congressman makes bold prediction for 4/20

Rep Earl Blumenauer (D-OR), chair of the Congressional Cannabis Caucus, held a...

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Total RFS blending falls in March, domestic biodiesel blending increases

Total RFS blending falls in March, domestic biodiesel blending increases

The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool...

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EU UCO premium to US continues to grow

EU UCO premium to US continues to grow

The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price...

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Ruminant meat and bonemeal price pressure in most regions

Ruminant meat and bonemeal price pressure in most regions

Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said...

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International Animal Fats and Oils 18.04.24

International Animal Fats and Oils 18.04.24

Feedstocks prices had mixed direction in price movements during the week, with animal fats trading higher and Chinese used...

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