SBO Prices End Volatile Week Down 4.5 Percent

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SBO Prices End Volatile Week Down 4.5 Percent

The Jacobsen | 05.19.2023

Following a volatile week, world vegetable oil prices ended mixed on Friday. Bargain buying before the weekend drove gains in palm oil markets and fueled an early but fleeting advance in soybean oil futures. Optimism that an agreement will be reached in U.S. debt-ceiling discussions initially boosted the U.S. dollar, equities and energy markets that spilled into most of the agricultural markets. 

Giving back initial gains, benchmark soybean oil futures (July contract) in Chicago closed near unchanged, down just two basis points to 47.27 cents per...

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Organic Food Sales Rise in 2022

Organic Food Sales Rise in 2022

 

While organic food sales appear to continue to grow, it's clear that there is a slowdown in retail sales...

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Canada Leads North American Hempseed Markets

Canada Leads North American Hempseed Markets

Hempseed markets will continue to face headwinds as imports and high commodity prices steer producers to other crops, furthering...

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RFS Renewable Fuel Consumption Slowed in April

RFS Renewable Fuel Consumption Slowed in April

 

Ethanol Blending Falls as Projected Gasoline Demand Drops 3.5 Billion Gallons Below Orginal Estimate

The combination of reduced...

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UCO, Grease Prices Slide on Pressure from SBO

UCO, Grease Prices Slide on Pressure from SBO

PRICING NOTICE: Open consultation on methodology for Animal Fats

May 18th, 2023 (Fastmarkets Agriculture) - Fastmarkets Agriculture is inviting feedback from the industry...

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Limited Changes Due to Unsettled CME and Market Unease

Limited Changes Due to Unsettled CME and Market Unease

Animal proteins were called flat for the day. Unease has continued to be persistent in most agricultural markets, leading...

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Corn Gluten and DDGS Drop on Lackluster Interest

Corn Gluten and DDGS Drop on Lackluster Interest

Market Update

High levels of unease have been witnessed on all of the animal feed items, as reformulations are not...

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Good Volume Wet Blue Hides Sold During Week 19

Good Volume Wet Blue Hides Sold During Week 19

Hide trading was active for steers and heifers whereas several cowhide selections are still under negotiation. 

Buyers that are active...

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High Hide Inventories at Chinese Tanneries

High Hide Inventories at Chinese Tanneries

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May 18

Slaughter remains unchanged.

Despite upward pressure, good quality Buenos Aires wet salted heavy steer prices...

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01.10.2025

Canadian government awards $11 mln in renewable fuels grants

Canadian government awards $11 mln in renewable fuels grants

Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.

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01.10.2025

Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks

Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...

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01.10.2025

Sausage casings bulletin, January 10, 2025

Sausage casings bulletin, January 10, 2025

Runner market commentary
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