International Animal Fats and Oils 01.02.24

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International Animal Fats and Oils 01.02.24

Alexandra Watts | 02.01.2024

UCO was reported traded at $920/mt CIF Amsterdam, Rotterdam, Antwerp (ARA) for delivery in ISO tanks, while flexi-tank deliveries were indicated in the price range of $880-900/mt CIF.

Spot indications for European UCO softened to €920-960/mt DDP North-Western Europe, with the best offer heard at around €940/mt but no firm buying interest quoted against it. Prices for March-April remained firm at around €1,000-1,050/mt DDP.

Rapeseed oil (RSO) selling indications for nearby loading in February-March were unchanged at €855-860/mt FOB Dutch Mill, whi...

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Soybean Export Sales Hit Marketing-Year Low

Soybean Export Sales Hit Marketing-Year Low

Most CME grain prices showed a downward trend on Thursday. The only grain price that increased was March wheat,...

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USDA Reports Strong Export Hide Sales to China

USDA Reports Strong Export Hide Sales to China

In today’s market, tanners in China purchased steer hides at prior levels and bought other steer hides at slightly lower...

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Hide Sellers Push For Higher Price Levels in European Market

Hide Sellers Push For Higher Price Levels in European Market

Argentina

February 1

Slaughter volumes remain stable to the weeks prior.
Good quality Buenos Aires wet salted...

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USDA: December Soybean Crush Climbs on Month

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U.S. soybean crushing volumes were 204 million bushels in December 2023, the USDA reported on February 1 in its...

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International Animal Proteins – 02-01-2024

International Animal Proteins – 02-01-2024

Meat and bone meal interest levels were diminished in the Asian market again this week. Prices were flat for...

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Food Corn Leads non-GMO Category; Mexico Policy to Drive Feed Segment

Food Corn Leads non-GMO Category; Mexico Policy to Drive Feed Segment

Food-grade corn is a small portion of both conventional and organic field...

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Hemp Building Firm Receives U.S. Army Support

Hemp Building Firm Receives U.S. Army Support

In March of 2023, Pennsylvania-based Americhanvre, a construction firm specializing in hemp...

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RD Generates 40% of Q3 2023 LCFS Credits, Bank Hits New All-Time High

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The credit bank pushed to new highs during the third quarter of 2023 according...

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