Corn Oil, Sunflower Oil Cash Markets Step Down Again

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Corn Oil, Sunflower Oil Cash Markets Step Down Again

Alexandra Watts | 01.31.2024

Cash market indications for corn oil and sunflower oil extended lower this week. Overall lackluster vegetable oil demand from the biofuels and non-biofuel sectors has led to a collapse in market prices. Midwest crude corn oil indications dropped to a level in the mid-50s cts/lb. Crude corn oil values have lost about 10 percent since the same period in 2023.  

Sunflower oil prices in Minnesota/North Dakota moved down 100 basis points this...

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Average LCFS Spot Market Price Tumbled Last Week

Average LCFS Spot Market Price Tumbled Last Week

Weekly LCFS credit volume increased slightly last week, as credit prices continued to move lower. Volume is expected...

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Gulf and Chicago BFT Prices Move Lower

Gulf and Chicago BFT Prices Move Lower

The market was fairly active today, especially for the rail market, with trading done into the Gulf and Chicago...

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Slower Poultry Product Rendering Pushes PFG PBM Prices Higher

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Trading was fairly quiet today with many in Atlanta for the International Production & Processing Expo. Indications were broadly...

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Rise in Corn Export Inspections, Soybean and Wheat Drop

Rise in Corn Export Inspections, Soybean and Wheat Drop

Recent reports indicate a drop in the price of corn gluten meal and corn gluten feed. Market participants have...

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Steer Hide Prices Fluctuate

Steer Hide Prices Fluctuate

Today’s steer hide trading was at lower prices than the last reported trading levels as the material remains under...

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Cash Markets Maintain Bearish Tone

Cash Markets Maintain Bearish Tone

Spot trading for vegetable oils remained dull on Tuesday, with the bias still lower pretty much across the board....

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