Animal Proteins Flat at Week End; June WASDE Update
Unsettled tones were witnessed this week, as the drop on soybean meal and diminished interest in feed items weighed...
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Animal Fats
Distiller’s corn oil (DCO) traded higher today on the back of another day of higher soybean oil futures prices. Sources have speculated that early positioning ahead of the RVO release are driving the market higher, others have speculated that concerns over escalations in the war in Ukraine and the recent dam destruction and subsequent shipping issues are causing supply concerns.
For the week, July soybean oil futures were up over 5 cts/lb from last week and the weekly average was up 8.3 percent...
