SBO Futures Succumb to Late Selling Pressure

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SBO Futures Succumb to Late Selling Pressure

Alexandra Watts | 07.28.2023

U.S. soybean oil futures in Chicago ended mixed across the curve on Friday. the August and September contracts relinquished early gains and ultimately bowed to pressure from reports that a renewable diesel producer was selling a large portion of its soybean oil position back into the market due to operational issues and/or poor margins.

In addition, revised forecasts calling for short-lived heat in the Midwest Corn Belt also weighed on the front-e...

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Pennsylvania Doubles Down on Organic Agriculture

Pennsylvania Doubles Down on Organic Agriculture

Pennsylvania has been a historical hotbed for organic agriculture in the U.S....

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Diamond Green SAF Project Completion Expected in 2025

Diamond Green SAF Project Completion Expected in 2025

 
Valero Earnings Beat Wall Street, Impressive Quarter for DGD

Valero Energy earnings beat Wall Street analyst...

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Negative Fundamental Pressure Stacking up in Animal Fat Market

Negative Fundamental Pressure Stacking up in Animal Fat Market

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September soybean oil prices closed the day down 1.15 cts/lb to 65.82 and December futures...

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Light Trade Keeps Most Values Flat; Massachusetts Question Three Lawsuit

Light Trade Keeps Most Values Flat; Massachusetts Question Three Lawsuit

Animal proteins were reported as flat for the day on accounts of light trade. Values reported were within the...

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Arbitrage Opportunities Persist into US Renewables Market

Arbitrage Opportunities Persist into US Renewables Market

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The Australian market was flat with last week’s report, but there are indications starting to...

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U.S. Grain Export Sales Meet Analyst Expectations

U.S. Grain Export Sales Meet Analyst Expectations

CME grain pricing showed a downward trend today despite concerns over the sweltering heat throughout the Heartland and concerns...

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Hide Buyers Active in US Market

Hide Buyers Active in US Market

Bidding activity was strong today from hide buyers for steer and cow hides. Sellers of both, steers and cow...

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European Holiday Season, Weaker Euro Slow Hide Market

European Holiday Season, Weaker Euro Slow Hide Market

Argentina

July 27

Slaughter continues at a strong pace.
Good quality Buenos Aires wet...

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Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

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03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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