Cottonseed Oil Prices Extend Higher with More Gains for SBO

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Cottonseed Oil Prices Extend Higher with More Gains for SBO

Alexandra Watts | 08.17.2023

In the cash market, indications for Mississippi Valley cottonseed oil (PBSY) continued to climb, tacking on another two cents per pound since early this week and a total of four cents per pound from last week to 74 cents per pound on Thursday. Spot market values rose again on the back of additional gains in soybean oil futures on the CME. Corn oil prices settled into a range in the high 60-cents per pound.

In Chicago, ...

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International Animal Proteins 17.08.2023

International Animal Proteins 17.08.2023

A steady call was indicated on the international animal proteins for all items. A similar tone was noted on...

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New Technology Needed to Ensure Organic Market Integrity

New Technology Needed to Ensure Organic Market Integrity

The push to adopt the USDA’s Strengthening Organic Enforcement Act (SOE) was...

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Canadian Hemp Exports Rise

Canadian Hemp Exports Rise

Canada did not accidentally come to dominate North American hemp markets.  Canadian...

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LCFS Weekly Volume and Transactions Fall to 12-Week Low

LCFS Weekly Volume and Transactions Fall to 12-Week Low

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Weekly LCFS credit volume fell to a 12-week low as contracted trades evaporated....

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Chicago and Gulf Tallow Prices Trade Higher

Chicago and Gulf Tallow Prices Trade Higher

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There was plenty of activity today, especially in the tallow markets. Buyers continue to come...

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Broiler Slaughter Below 2022; PBM PFG Supported in Near Term

Broiler Slaughter Below 2022; PBM PFG Supported in Near Term

Values on animal proteins were rangebound for the day. A quiet tone was reported with light volume. 

For...

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Ethanol Production Rebounds, Fueling Stock Growth

Ethanol Production Rebounds, Fueling Stock Growth

Trading activity for wheat midds in the central states was steady even with accounts of reduced run times. Market...

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United Auto Workers Push for New Contracts

United Auto Workers Push for New Contracts

Market Update 

Hide demand was minimal today after sellers released their offer lists last night. Most sellers reported...

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