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Blog

Corn Oil, Cottonseed Oil Prices Slump on Limited Demand

Alexandra Watts | 10.25.2023

Spot corn oil and cottonseed oil indications edged slightly lower this week amid ongoing lackluster demand. Transportation challenges due to railroad embargoes have reportedly impacted some vegetable oil shipments to the Gulf, trading sources said.

Midwest crude corn oil was indicated at 56-57 cts/lb FOB, stepping down from 57-58 cts/lb FOB previously. Bids and offers for refined corn oil in the region were reported in the mid- to high 70s cts/lb FOB. Mississippi Valley cottonseed oil (PBSY) prices slipped from 68 cts/...

African Organic Soybean Meal Imports Disrupt North American Trade Flows

Organic soybean prices were quoted near the $20-21 handle in...

Hemp Fiber Operators Leverage Perceptions to Bolster Investment Prospects

Panda Biotech announced their intention to become the largest U.S. hemp fiber...

Glycerine Market Suggests Slowing Biodiesel Production

New Leaf Biodiesel to Shut Down Operations by End of 2023

The biodiesel operation in the San Diego...

Nearby Demand Absence Spurs Big Drops in Fats and UCO Market

**Please Note - Ryan Standard will be at the NARA Conference in Naples, FL for the remainder of the...

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Active Demand and Tight Offerings Pull Porcine BM Higher

The tone for today was mixed but was highly active with most participants trading in the animal proteins market....

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Corn and Soybean Harvest Jump 14 Percent on Week

There were multiple trades reported today for corn gluten products. Market participants observed an increase in activity...

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Expansion of UAW Strike Poses Further Risk to Hide Market

Regular weight Heavy Native Steers (HNS) traded $1 lower than the last reported levels and the lightweight category also...

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Cash, Futures Veg Oils Markets Weighed Down

Spot market trading was sluggish on Tuesday due to weak margins and talk of a slowdown in U.S. renewable...

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Blog

Corn Oil, Cottonseed Oil Prices Slump on Limited Demand

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