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Blog

Soybean Oil Futures Tumble after WASDE Report

Alexandra Watts | 09.12.2023

Interior U.S. soybean oil basis levels were flat to slightly lower over the last week. Buying interest appears to have stalled for now, sources said, after many of the larger players in the renewable sector secured coverage for nearby and fourth-quarter positions in August. Gulf crude-degummed (CD) soybean oil moved down to a wider bid-and-ask spread of 5 cents to 7 cents. Basis on refined, bleached, and deoderized (RBD) soybean oil in central Illino...

Organic Soybean Production and Processing Advances in Togo

Togo’s organic soybean production continues to expand as the small West African...

Hempseed Feed Approvals Stall

Efforts to gain approvals for hempseed derivatives for a wide range of...

Crude Glycerin Price Holding Steady with Support Building for Refined

Glycerin prices in the US remain relatively weak due to patchy fluctuations in supply and demand. Demand for...

Hog Slaughter Forecast Higher into October

Two cars of technical tallow traded down to 76 cts/lb Chicago today. Outside of the tech tallow market, trading...

Cattle Slaughter Continues to Trail Prior Year

Monday trade was light with the start of the week and ahead of the release of the WASDE report...

CBOT Wheat Futures Drop to Three-Month Low

Trading activity for DDGS remained steady today, as reports align with current price ranges. Market participants noted that a...

Active Hide Trading Over the Weekend

**Fastmarkets is building a new content delivery platform for The Jacobsen. We are looking for customers who would be...

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Palm Oil Prices Sink after MPOB; SBO Moves Off Lows before WASDE

U.S. soybean oil futures in Chicago ended down slightly but well off the day's lows, as market participants squared...

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07.25.2024

DGD financial outlook improves despite lower Q2 margins

US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...

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07.25.2024

US Gulf tallow prices boosted by limited spot supply, strong Chicago market

Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
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07.25.2024

Animal protein values flat; June poultry slaughter below traditional trends

US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.

US broiler slaughter
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