International Animal Proteins 27.07.2023
Mixed tones were indicated on the animal proteins international front, with poultry by-product pet grade moving up and meat...
U.S. soybean oil prices were down sharply on Thursday, as funds continued to liquidate long positions. Forecasts for rain in the Midwest Corn Belt next week and strength in the U.S. dollar due, in part, to the U.S. Federal Reserve announcing on Wednesday that it raised interest rates to the highest level in 22 years, all weighed on the markets.
Reports of a slowdown in refined, bleached, and deoderized (RBD) soybean oil cash market sales to renewable diesel producers for the forward curve (fourth...