Cattle Slaughter Levels Normalize after Holiday, Weather Interruptions
The market was very quiet today with no changes reported. March soybean oil futures were up 1.26 cts/lb on...
The phrase “a rising tide lifts all boats” is a metaphorical expression implying one general outcome tends to impact others within the market. In this case it is rising ocean freight values. According to a refined glycerin trader, “ocean freight prices have increased 200 percent in the last three weeks due to all the issues in the Red Sea.”
While most shipping of refined glycerin does not travel through the Red Sea, it has ...