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Blog

Ethanol Production and Stocks Fall Week-on-Week

Alexandra Watts | 11.29.2023

CME grain prices were mixed on Wednesday. December wheat saw an increase of $0.1225, closing at $5.56/bu, and January soybeans recorded a gain of $0.005, settling at $13.47/bu. In addition, December soymeal dropped by $6.00 to $444.30/st, and December corn decreased by $0.0175 to $4.49/bu. Technical buying was prompted by Russia's announcement of a durum export ban in the first half of 2024, leading to double-digit gains for whea...

Buying Activity in US Hide Market Slow Midweek

Midweek activity in the US hide market was slow while sellers field bids after releasing offers last night. Buyers...

Soybean Oil Cash Basis Steady to Down in Limited Trade

Prompt basis Indications for soybean oil in central Illinois and the Gulf were steady to lower in a slow...

Organic Markets Lumber Along

“The markets are sluggish”, is what Fastmarkets hears from merchandisers,...

22nd Century Group Exits Cannabis Space

22^nd Century Group, the biotech company that entered the cannabis space in...

Glycerin Price Poised to Push Higher

The market is anticipating higher glycerin prices moving into the end of 2023 and through the first quarter of...

Fat Market Retains Quiet Post-Holiday Tone

*Please Note - Ryan Standard will be out of the office for the remainder of the week. He will...

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Negative Pressure Persists on MBM Markets

Trading was consistent today with yesterday's ranges, although there was trading done at lower prices on pet food grade...

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Winter Wheat Emerged at 91 Percent, Favorable Conditions Follow

Trading for corn gluten products was relatively steady today. Sources reported one trade on CIF NOLA for...

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09.19.2024

SAF roadmap, collaborations announced at Bali International Airshow

At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...

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09.19.2024

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.

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09.19.2024

Animal protein prices steady; August cattle, hog slaughter down

US animal proteins were rangebound on Thursday September 19.

August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...

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