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Blog

Bullish U.S. Acreage Data Drives Soybean Oil Higher

Tore Alden | 06.30.2020

Vegetable oil prices were mixed on Tuesday as weakness in crude oil prices weighed on palm oil, but bullish data from the United States Department of Agriculture (USDA) drove soybean oil prices higher. The smaller-than-expected increase in U.S. soybean acreage triggered buying across the soybean complex. However, meal/oil spreading limited the advance in soybean oil.

Soybean oil futures rose about 1 1/4 percent (August contract +36 bas...

Hemp Breeding

Dr. John McKay, Director of Genetics for New West Genetics and Josh Schneider, CEO of Cultivaris spoke at...

Indian Organic Soybean Meal Prices Continue to Ease

Organic soybean and soybean meal prices are continuing to face downward pressure FOB India. Prices traded at low at...

Soybean Oil Use in Biodiesel Production at 8-Month High

The Energy Information Administration's (EIA) Biodiesel Production Report showed 143 million gallons of US biodiesel produced from 1.07 billion...

Ruminant Blood Meal Prices Slide in June on Strong Production

Ruminant blood meal prices moved lower today as did ruminant MBM out of the Panhandle market. Strong production contin...

Organic Grain Trading in Europe Remains Subdued

The organic grain market in Europe is inactive, and it appears that most consumers are covered until the new...

Leather Prices: USDA Cure Hide and Wet Blue Export Sales Recap

For week ending June 18, export sales for 2020 marketing year increased 77 percent to 664,553 from 374,893 and shipments decreased...

BFT Trades At Steady Pricing

Two cars of renderer bleachable fancy tallow (BFT-R) traded steady with the last offered price. Technical tallow was suggested...

Rising COVID Infections Trigger Vegetable Oil Market Selling

World vegetable oil prices were sharply lower on Wednesday as accelerating coronavirus infections triggered a sharp decline...

Blog

12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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Bullish U.S. Acreage Data Drives Soybean Oil Higher

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