Animal fats and oils prices stable amid losses in vegoil markets

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Animal fats and oils prices stable amid losses in vegoil markets

"I think the big drop in soybean oil had everyone take a pause,” one source said.

December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by 1.91 cents, or nearly 4%, from a close of 48.14 cents per lb on Monday November 11.

The decrease on Tuesday tracked losses in palm oil futures, as well as the impact of President-elect Donald Trump's nomination of Lee Zeldin as the new Environmental Protection Agency administrator, who voted ...

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Meat and bonemeal, bloodmeal higher on active demand

Meat and bonemeal, bloodmeal higher on active demand

Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.

Porcine meat...

US weekly corn, soybean export inspections drop; wheat climbs

US weekly corn, soybean export inspections drop; wheat climbs

Weekly export inspections
Export inspections of US grains showed a decline for corn and soybeans in the week to...

Hide shipments resume following halt of Canadian port strikes

Hide shipments resume following halt of Canadian port strikes

Several market participants were active in the market on Tuesday November 12, selling a moderate volume of steer hides...

US cash soybean oil market remains quiet, futures sink

US cash soybean oil market remains quiet, futures sink

Soybean oil cash trading in the US remained quiet on Tuesday November 12.

Traders continued to sit on...

Funding key to organic dairy profitability

Funding key to organic dairy profitability

Organic dairy products are the top grossing category in organic markets, with over $1.6 billion in sales recorded in...

Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost

Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost

Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean...

DCO starts the week higher; hog slaughter increases slightly

DCO starts the week higher; hog slaughter increases slightly

Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was...

US cattle slaughter continues to fall behind 2023 levels

US cattle slaughter continues to fall behind 2023 levels

Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.

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