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Blog

SBO Futures Close Just Above 51 Cents

The Jacobsen | 05.11.2023

Edible oil futures prices were lower on Thursday, as a weaker U.S. dollar, rapid planting progress in the U.S. Midwest, and worries about the economy and regional banking crisis weighed on commodity markets as a whole. Funds also booked profits and liquidated long positions ahead of the release of the USDA's latest monthly World Agricultural Supply and Demand Estimates (WASDE) on Friday. In the May report, the agency will provide the first look at its projections for the 2023/24 marketing year and an update...

Animal Proteins – International

International animal proteins had limited reports for the week, with some extending holidays from the start of May. Values...

USDA Announces New Avenue for Funding

The USDA has invested considerable funds in the organic sector through a variety of programs since 2020. Much of...

Alabama’s First Renewable Diesel Plant is Operating

Vertex Commissions Alabama's First Renewable Diesel Facility

Vertex Energy, Inc, cut the ribbon on its first renewable diesel facility at...

U.S. DCO Production Falls to 4-Week Low

**Please note - Ryan Standard was out of the office today and will be out on May 11^th. In his...

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Broiler Slaughter Pushes Up Before Memorial Day Weekend

Values for mid-week were reported as steady from participants. Accounts of thin offering levels were made by the majority....

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Ethanol Production Drops While Margin Increases

Market Update

Steady to slightly softer values have been indicated on feed related items from most contacts due to light...

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Chinese Real Estate Market Weighs On Domestic Furniture Sales

Midweek trading activity was sideways except for Colorado branded steers which traded $0.50 down for light weight material and...

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Robust Food, Fuel Demand Lifts RBD Soy Oil Basis Again

Refined soybean oil basis levels continued higher at midweek, due to robust demand from the food and renewable diesel...

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10.18.2024

RIN prices fall week on week despite lower reported US biodiesel output

Prices for renewable identification numbers (RINs) fell week on week on Friday October 18 despite lower production reported for September, and US biofuels markets remain in limbo over awaited...

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10.18.2024

US DCO prices decrease amid quiet trade week

US animal fats and oils markets ended the week stable to slightly lower on Friday October 18, following a quiet week of trading as many participants attended the American...

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10.18.2024

Lackluster trade volume keeps weekly US animal proteins prices mostly steady

US animal proteins prices were steady to slightly lower for the week to Friday October 18 on limited trade volume.

Several market participants told Fastmarkets it was a...

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