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Blog

Nearby, Q4 RBD Soybean Oil Supply Still Tight in Illinois

Alexandra Watts | 09.27.2023

Crude-degummed (CD) soybean oil basis indications in central Illinois were pegged at 4.25 cents to 4.75 cents on Wednesday. Nearby refined, bleached, and deoderized (RBD) soybean oil supply in Illinois remained tight and hard to come by, sources said. Prompt offers for RBD out of the region were tossed around as high as 16 cents for delivery in trucks. Indications for the end of the fourth quarter in Illinois w...

Organic Corn Prices Slide Lower as Midwestern Bins Fill

Organic corn prices continue to experience limited activity ahead of...

Hemp Researchers Publish Findings on Powdery Mildew Resistance

Powdery mildew is among the costliest pathogens for cannabis producers. Greenhouse and...

Canola Oil Playing Larger Feedstock Role in 2023

The US Environmental Protection Agency (EPA) approved a pathway for canola/rapeseed oil to be eligible to generate Renewable Identification...

Fat Prices Slide on Lower RINS and Evaporating Renewable Margins

The market was active today at lower prices following the big drop in RIN values yesterday. Weakness has been...

Slight Pressure on Poultry Items

Ruminant and porcine proteins were reported inside the previously set ranges for Tuesday. Poultry bloodmeal was lower due to...

Corn Crop Quality Shifted Higher, Soybeans Worsen

Trading activity for corn gluten products was minimal today with no new prices reported. Participants in the...

Sellers Accept Lower Bids on Branded Steers

Some sellers reported interest from footwear tanners today but at lower bid levels. With negotiations ongoing since mid-last week,...

Rising Renewable Jet Fuel Production Will Increase Soybean Oil Demand

*Please Note – Amanda is out of the office today and will return on Wednesday, September 27, 2023. Please contact...

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Nearby, Q4 RBD Soybean Oil Supply Still Tight in Illinois

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