Soybean oil stocks fall with slowing April crush

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Soybean oil stocks fall with slowing April crush

The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in April 2023, according to a report from the National Oilseed Processors Association (NOPA).

The April crush was below the average trade assessment of 174.173 million bushels, and fell below the low end of the estimate range for the month. Estimates for the crush ranged from 172 million-177.5 million bushels.

The USDA May 2024...

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05.16.2024

Animal fat prices steady on limited volume traded

Animal fat prices steady on limited volume traded

Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.

On Thursday,...

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Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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