Cattle Slaughter Trails 2022 Levels by Wide Margin

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Cattle Slaughter Trails 2022 Levels by Wide Margin

The market was very quiet today with no changes reported. Choice white grease did trade in a steady range out of the Mo. River market. Soybean oil was up marginally on the January contract today, settling at 50.7 cts/lb. December settled at 51.54 cts/lb and March at 50.66 cts/lb. Heating oil was up by 9.62 cts/gal on the December contract. The move higher in hearing oil and soyb...

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Ruminant Meat and Bonemeal Plummets in Several Regions

Ruminant Meat and Bonemeal Plummets in Several Regions

A slew of holdups on US exports to Vietnam and Indonesia along with a closure at a pet food...

Soybean Meal Price in Central Illinois Reaches 3-Month High

Soybean Meal Price in Central Illinois Reaches 3-Month High

Sources have reported light trades on DDGS today, a rise for the price range in Minnesota/Dakotas and a slight...

Bearish Outlook on Hide Prices in Near-Term

Bearish Outlook on Hide Prices in Near-Term

The US hide market started the week with some carryover business for packer hides at steady to current market...

Soybean Oil Futures End Higher as Meal Rallies

Soybean Oil Futures End Higher as Meal Rallies

U.S. soybean oil prices ended slightly higher on Monday, alongside gains in crude oil markets and a rally in soybean...

Organic Soybean Markets Flat

Organic Soybean Markets Flat

Organic soybean prices remain depressed....

Weekly Hemp Recap

Weekly Hemp Recap

Last Week's Hemp Commentary

Panda Biotech Lands Extension for Municipal Funding

Chevron Wraps Up RD Conversion of Hydrotreater at El Segundo Refinery

Chevron Wraps Up RD Conversion of Hydrotreater at El Segundo Refinery

*Please Note – Bob Lane was out of the office today and will return on Monday, November 13, 2023.

Chevron...

Limited Trading Leads to Mostly Flat Market Week-on-Week

Limited Trading Leads to Mostly Flat Market Week-on-Week

Three cars of packer BFT traded down to 50 cts/lb Chicago today, and UCO traded lower out of the...

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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