US ethanol production falls from record level; stocks dip

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US ethanol production falls from record level; stocks dip

Chicago Mercantile Exchange grain prices fell on Wednesday August 7, with the November CME soybean futures contract decreasing by 8 cents per bushel to settle at $10.18 per bu and September soymeal dropping by $7 per short ton to $323.60 per ton.

Meanwhile, the September CME corn futures contract declined by 5.50 cents per bu to $3.83 per bu, and September wheat futures fell by 5 cents per bu to $5.38 per bu.

Wheat middlings prices in Minneapolis declined on Wednesday, while...

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Active bidding for midweek; sustainability trend weighs on hide price recovery following Covid-19 pandemic

Active bidding for midweek; sustainability trend weighs on hide price recovery following Covid-19 pandemic

Several sellers reported firm bidding activity from buyers in China, Thailand, Mexico and Indonesia on Wednesday August 7.

Cash soybean oil prices rebound with midweek upswing in futures

Cash soybean oil prices rebound with midweek upswing in futures

Spot US interior soybean oil prices rebounded on Wednesday August 7 after suffering sharp losses in the first week...

EU deforestation policy may disrupt organic trade flows

EU deforestation policy may disrupt organic trade flows

The EU has placed global deforestation at the forefront of their purchasing policies. On June 29, 2023, the regulation on...

EIA lowers renewable diesel 2024/25 forecast while raising biodiesel outlook

EIA lowers renewable diesel 2024/25 forecast while raising biodiesel outlook

The US Short-Term Energy Outlook (STEO) released on Tuesday August 6 by the Energy Information Administration (EIA) showed a...

US fat exports higher in June; UCO prices continue decline

US fat exports higher in June; UCO prices continue decline

Used cooking oil (UCO) prices fell 1.50 cents per lb on the day to 45 cents per lb for...

Soymeal price drop, economic concerns create unease in US animal proteins market

Soymeal price drop, economic concerns create unease in US animal proteins market

Sources in the US animal proteins market reported unease amid a drop in soybean meal prices and global economic...

US corn conditions slip week on week; dented stage under way

US corn conditions slip week on week; dented stage under way

Most grain prices on the Chicago Mercantile Exchange fell on Tuesday August 6. The November soybean futures contract decreased...

High costs, low leather prices weigh on tanners’ profitability

High costs, low leather prices weigh on tanners’ profitability

High costs and low leather prices continued to weigh on tanners’ profitability on Monday August 5. On Tuesday August...

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11.27.2024

Regional biodiesel prices stable amid low buying, selling interest

Regional biodiesel prices stable amid low buying, selling interest

Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.

Biofuel markets in general have slowed ahead of the implementation of the Clean...

11.27.2024

US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high

US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high

The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.

The...

11.27.2024

US animal protein November price average higher month on month

US animal protein November price average higher month on month

US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.

November...

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