BOHO spread narrows amid weakness in soybean oil futures

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BOHO spread narrows amid weakness in soybean oil futures

The soybean oil/heating oil (BOHO) futures price spread narrowed in the week ended Tuesday September 17, with gains in heating oil outpacing those in bean oil.

The BOHO spread was down by 6.6% week on week to $0.8437 per gallon on Tuesday, with soybean oil futures prices for the remainder of 2024 moving around $0.4000 per lb.

The October soybean oil contract closed the Tuesday session at $0.4055 per lb, up by $0.0080 per lb, or 2%, fr...

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Organic chicken slaughter rebounding

Organic chicken slaughter rebounding

Organic chicken slaughter has trended up since the beginning of the year, after declining over the course of 2023....

US soybean crush falls to 35-month low in August; soybean oil stocks at 11-month low: NOPA

US soybean crush falls to 35-month low in August; soybean oil stocks at 11-month low: NOPA

The National Oilseed Processors Association (NOPA) reported the US soybean crush in August at 158.008 million bushels and soybean...

US hog slaughter forecast higher into October on seasonal trends

US hog slaughter forecast higher into October on seasonal trends

The US fats markets began the week relatively quiet on Monday September 16, with no significant changes outside of...

US cattle slaughter higher into October, still under 2023 levels

US cattle slaughter higher into October, still under 2023 levels

Trading was quiet in the US animal protein market on Monday September 16, with no price changes reported.

Central Illinois soybean, soymeal, soyoil prices drop week on week

Central Illinois soybean, soymeal, soyoil prices drop week on week

The soybean crush margin in Central Illinois dropped by 1.5% week on week and was down by 22.2% year...

Weekly cattle slaughter forecast drops below weekly, yearly levels

Weekly cattle slaughter forecast drops below weekly, yearly levels

The hide market was quiet on Monday September 16, with no trades reported. Market sources noted that the MICAM...

Chicago soybean oil futures open week higher after supportive NOPA data

Chicago soybean oil futures open week higher after supportive NOPA data

US soybean oil futures in Chicago were slightly higher at the market close on Monday September 16, with the...

Haffner Energy to spin off SAF division as independent company

Haffner Energy to spin off SAF division as independent company

French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called...

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11.25.2024

Glycerin prices mostly stable even amid tightening kosher supplies

Glycerin prices mostly stable even amid tightening kosher supplies

Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”

Kosher glycerin supplies are “getting tighter,” according...

11.25.2024

Packer BFT, CWG trade higher; hog slaughter down week on week

Packer BFT, CWG trade higher; hog slaughter down week on week

Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.

Five cars of packer BFT traded...

11.25.2024

Cattle slaughter six-week average projection down for holiday season

Cattle slaughter six-week average projection down for holiday season

Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.

Price pressure on ruminant meat...

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