International Animal Proteins 06.01.2023
On both the international and US markets, most items saw steady values with only slight range adjustments. The largest...
As soybean oil futures continued to crumble this week, crude-degummed and refined, bleached, and deoderized (RBD) basis levels in the Midwest were firm to higher although trading continues to be thin. Sources pointed to tight supply, with anecdotal reports indicating that capacity is generally sold out through the third quarter.
Soybean oil basis began to climb several weeks ago amid expectations for increased demand from the U.S. renewable diesel ...