Correction to Soymeal, Hi Pro, fob Central Illinois on December 18: pricing notice
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Category 1 and 2 fat prices were unchanged at €780-800 per tonne DDP NWE, with bids heard at €775 per tonne for delivery into France.
“Demand is very good for animal fats; with biofuel producers actively booking volumes, cargo availability might become an issue later this year,” a Europe-based source told Fastmarkets.
Buying interest for poultry fats also remained strong, with animal feed producers seeking substitution due to higher soybe...
Interior US crude-degummed soybean oil basis weakens slightly