International Animal Proteins 26.10.2023
The international protein market was steady on most items, though meat and bonemeal was mixed on reports of variations...
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Spot Canola Oil Prices Move below 70 cts/lb
The canola oil cash market has remained relatively quiet over the last few weeks, perhaps due to ongoing volatility in the soybean oil market. At 17 cents, Los Angeles canola oil basis has largely remained unmoved, but in tandem with the sell-off in bean oil prices, outright prices crossed below 69 cts/lb to 68.74 cts/lb today.
Like most of the vegetable oils, canola oil prices have been on a wild ride this year, slipping to two-year lows in the spring before rebounding in June due...
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