Benchmark SBO Futures Slide below 50 cts/lb

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Benchmark SBO Futures Slide below 50 cts/lb

Alexandra Watts | 12.13.2023

With cash trading for vegetable oils still incredibly quiet, basis indications on soybean oil in central Illinois and in the Gulf continue to wallow near, or at, yearly lows. Renewable diesel and biodiesel demand remains sharply reduced. In addition, food buyers have not been engaged in the spot soybean oil market, many sources have said.

Participants have been trying to gauge soybean oil use as a feedstock for the first half of 2024, especially from the biofuels side. However, the outlook remains m...

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Food Prices Decline in Recent CPI; Fed Holds Fast on Interest Rates

Food Prices Decline in Recent CPI; Fed Holds Fast on Interest Rates

Lower prices for food at home are a welcome...

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NY Governor Vetoes Hempseed Bill

NY Governor Vetoes Hempseed Bill

New York legislation to allow hempseed derivatives in feeds for a limited...

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Renewable Fuel for Ocean-Going Vessels Act Introduced

Renewable Fuel for Ocean-Going Vessels Act Introduced

**Bob Lane will be out of the office this week, returning on Monday, December 18, 2023. In his absence, please...

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Record High UCO Imports in October

Record High UCO Imports in October

Trading was active at lower numbers today on continued limited demand and pressure from lower heating oil futures. Used...

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2024 WASDE Production Expectations Varied

2024 WASDE Production Expectations Varied

Values reported for the day were within the previously set values. Contacts called the market quiet again, though wide...

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Wheat Export Inspections Rise as Corn and Soybeans Plunge

Wheat Export Inspections Rise as Corn and Soybeans Plunge

CME grain prices were mixed on Tuesday. March wheat increased by $0.16, closing at $6.25/bu while January soybeans dropped...

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Sellers Expected to Drop Offer Prices Due to Limited Demand

Sellers Expected to Drop Offer Prices Due to Limited Demand

Sellers reported limited interest to buy at the start of the week after slow sales last week. According to...

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Corn Oil, Sunflower Oil Cash Markets Step Lower

Corn Oil, Sunflower Oil Cash Markets Step Lower

Cash market indications for corn oil, both crude and refined, and sunflower oil continued to step lower this week....

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

Resale European hog runner:

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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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