LA Canola Oil Cash Prices Slide to Near Three-Year Low

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LA Canola Oil Cash Prices Slide to Near Three-Year Low

Alexandra Watts | 01.09.2024

Refined, blended, and deodorized (RBD) Los Angles canola oil prices have slumped to a near three-year low. Basis on canola oil stepped lower during the first week of January after a very quiet fourth quarter of 2023. Basis fell from 15 cents above CME January soybean oil futures to 13 cents above the March futures contract.

Just before the Christmas holiday, nearby soybean oil futures on the CME breached 50 cents per pound and have not been able to close back above that...

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Organic Importers Face Shipping Delays, Rising Costs

Organic Importers Face Shipping Delays, Rising Costs

Organic feed commodity markets continue unchanged as the new year commences.  Besides...

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New Research Highlights Cannabinoid Benefits to Hemp Crops

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Scientists have long believed that cannabinoids present in cannabis plants afford some...

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Crude Glycerin and Kosher Crude Prices Seen Slightly Lower

Crude Glycerin and Kosher Crude Prices Seen Slightly Lower

Crude glycerin values remain supported across much of the Midwest. However, the steady climb in value the market...

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Cattle Slaughter Projected Below 2023, 2022 Levels

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The market was quiet today with limited action reported. Distiller’s corn oil (DCO) did trade lower out of the...

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Hog Slaughter Forecasted Under 2022 for January

Hog Slaughter Forecasted Under 2022 for January

Animal proteins were called flat for the start of the week. Limited trade was indicated for Monday.

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Steep Drop on Soybean Crush Margins, Hit 6-Month Low

Steep Drop on Soybean Crush Margins, Hit 6-Month Low

Based on the most recent reports, DDGS prices have dropped out of the Minnesota/Dakotas, Indiana, Iowa, and Ohio markets....

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Jumbo Hide Shipments Narrow Margins

Jumbo Hide Shipments Narrow Margins

The US hide market began the week with packers stating there was good volume of steer and cow hides...

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SBO Basis Still Weighed Down in Light Trade

SBO Basis Still Weighed Down in Light Trade

Basis levels on crude-degummed (DC) and refined, blended and deodorized (RBD) soybean oil in central Illinois and the Gulf...

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Sausage casings bulletin, May 2, 2025

Sausage casings bulletin, May 2, 2025

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Sausage casings bulletin, April 25, 2025

Sausage casings bulletin, April 25, 2025

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