Negative Fundamental Pressure Stacking up in Animal Fat Market

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Negative Fundamental Pressure Stacking up in Animal Fat Market

Alexandra Watts | 07.27.2023

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September soybean oil prices closed the day down 1.15 cts/lb to 65.82 and December futures were down 1.12 cts/lb to 62.07, marking a two-day downturn that has shaved 2.66 cts/lb off of the September contract and 2.19 cts/lb from the December contract. ULSD traded higher, up 7.21 cts/gal on the September contract, moving the BOHO spread in a favorable direction for renewable producers.

Margins remain tight and using an as...

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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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U.S. Soybean Oil Exports Decline 52 Percent on Week

U.S. Soybean Oil Exports Decline 52 Percent on Week

U.S. soybean oil prices were down sharply on Thursday, as funds continued to liquidate long positions. Forecasts for rain in...

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International Animal Proteins 27.07.2023

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...

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Industrial Hemp Stakeholders Balance Optimism with Economic Uncertainty

Industrial Hemp Stakeholders Balance Optimism with Economic Uncertainty

Industrial hemp operators from around the U.S. converged on Great Falls, Montana this...

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04.11.2025

Sausage casings bulletin, April 11, 2025

Sausage casings bulletin, April 11, 2025

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Sausage casings bulletin, April 4, 2025

Sausage casings bulletin, April 4, 2025

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