Corn Oil, Cottonseed Oil Prices Steady to Lower

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Corn Oil, Cottonseed Oil Prices Steady to Lower

Alexandra Watts | 10.04.2023

In the Midwest, corn oil cash indications were steady to lower this week. Crude corn oil values in the region were steady in a range from 62-64 cts/lb FOB. Indications for refined corn oil in the Midwest slumped, with bids and offers last pegged in the high 70s cts/lb FOB, down from the mid-80s cts/lb about a week ago. Mississippi Valley cottonseed oil (PBSY) indications were heard earlier this week around 70 cts/lb FOB, down 4 cts/lb from mid-September. PBSY cottonseed oil prices are...

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U.S. Organic Corn Imports Decline on Pivot to North American Supply

U.S. Organic Corn Imports Decline on Pivot to North American Supply

Organic corn imports are trending down in the U.S. as end users...

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Biotech Firm First to Market with Transgenic Hemp

Biotech Firm First to Market with Transgenic Hemp

Modern hemp breeding is just getting started.  Cannabis has been subject to...

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U.S. Biofuel Capacity Reaches All-Time High

U.S. Biofuel Capacity Reaches All-Time High

EIA Biofuels Capacity and Feedstock Update

The Energy Information Administration’s (EIA) July Monthly Biofuels Capacity and Feedstocks Update showed operable...

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DCO Prices Move Lower for November Shipment

DCO Prices Move Lower for November Shipment

A negative tone continued to persist in the market today and there was trading at lower prices, although the...

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Aug Animal Protein Stocks Higher but Remain below 2022 Levels

Aug Animal Protein Stocks Higher but Remain below 2022 Levels

Values on animal proteins for Tuesday were generally flat. Porcine bloodmeal was reported as low as $850/st, though the...

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Corn and Soybean Harvest Move Above LY Levels and the Five-Year Average

Corn and Soybean Harvest Move Above LY Levels and the Five-Year Average

Trading activity for corn gluten products was minimal today with no new prices reported. Market participants indicated...

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Cow Hide Demand Falls, Steer Hides Trade Higher

Cow Hide Demand Falls, Steer Hides Trade Higher

Hide sales left over from the weekend were concluded today, although buyers and sellers found it difficult to settle on...

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Cash SBO Basis Levels Hold within Recent Ranges

Cash SBO Basis Levels Hold within Recent Ranges

Vegetable oil cash trading was quiet on Tuesday. Thinner demand for soybean oil and ongoing pressure on U.S. Renewable Identification...

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09.20.2024

BOHO spread reaches two-month high

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

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

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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