International animal proteins mostly flat for week
The international animal proteins market was quiet during the week to Thursday January 2, with little to no changes...
Following several months of robust consumption, implied domestic demand for US soybean oil dropped back slightly in November 2024.
Figures released on Thursday January 2 by the USDA showed US soyoil stocks totaled 1.61 billion lb at the end of November. This was up by 2.5% from 1.57 billion lb at the end of October.
The increase in soybean oil stocks was largely expected by the market, since demand from the US ...