U.S. Soybean Oil Exports, Sales Plunged Last Week

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U.S. Soybean Oil Exports, Sales Plunged Last Week

Vegetable oil prices were slightly higher on bargain buying and position covering heading into the weekend, with palm oil futures moving in tandem with a recovery in U.S. soybean oil markets. 

The soybean futures complex was under sharp selling pressure earlier in the week after the U.S. EPA published final biofuel blending volumes for the next three years that were lower than the industry had hoped. Still, while rainfall is expected in many areas of the Midwest over the next few days, especially in...

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Organic Corn Imports Steady For Now

Organic Corn Imports Steady For Now

Midwest organic corn prices continue to move sideways, with outliers in the...

State Governments Advance Hemp Product Development

State Governments Advance Hemp Product Development

Hemp products are finding novel applications in the field.  The Virginia Department...

LCFS Prices Declined Last Week as Volumes Rose

LCFS Prices Declined Last Week as Volumes Rose

*Please Note – Bob Lane was out of the office today and will return on Friday, June 23, 2023....

DCO Production Hits Yearly High

DCO Production Hits Yearly High

The overall market was fairly quiet today with buyers pushing for lower prices and sellers seemingly well placed for...

May 2023 Cattle and Hog Slaughter; Proposition 12 Delayed Until 2024

May 2023 Cattle and Hog Slaughter; Proposition 12 Delayed Until 2024

For the day, animal proteins were flat with most waiting on the sidelines as continued unsettled tones were noted...

EPA RVO Release Cools Fat Markets

EPA RVO Release Cools Fat Markets

The US soybean oil futures took a nosedive yesterday following the release of the required volumetric obligation (RVO) release...

U.S. Ethanol Output Reaches Six-Month High, Boosting Inventory

U.S. Ethanol Output Reaches Six-Month High, Boosting Inventory

Market Update

There are no changes in the market for corn gluten products and wheat midds....

Heavy Texas Steers Trade $2 Up

Heavy Texas Steers Trade $2 Up

Market Update

Steer trading was active today at...

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01.13.2025

Glycerin prices unchanged; buyers, sellers cautious about market trend

Glycerin prices unchanged; buyers, sellers cautious about market trend

80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...

01.13.2025

Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

The US animal fats and oils markets began the week on a quieter note on Monday January 13, as

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 released last on Friday January 10.

Although...

01.13.2025

Weekly hog slaughter forecast at 2.57 million into February

Weekly hog slaughter forecast at 2.57 million into February

US animal protein prices were steady day on day on Monday January 13.

Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...

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