Lingering market tightness supports robust US prompt soybean oil basis

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Lingering market tightness supports robust US prompt soybean oil basis

The US interior soybean oil cash market remains incredibly tight, with the nearby basis retaining a premium to levels for the end of the year, market sources said.

On Wednesday September 4, Fastmarkets assessed soybean oil, basis, crude-degummed, fob central Illinois at a premium of 150-250 basis points per lb to the October soy oil futures contract on the Chicago Mercantile Exchange. This was up from a premium of 75-200 basis points per lb on Tuesday.

Higher spot basis levels for September...

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Rising RD capacity in US sets monthly feedstock consumption record in June: EIA

Rising RD capacity in US sets monthly feedstock consumption record in June: EIA

Biodiesel and renewable diesel (RD) capacity in the US increased in June, according to data released on Friday August...

Biofuel usage of yellow grease, tallow exceeds domestic production

Biofuel usage of yellow grease, tallow exceeds domestic production

The fat market was quiet on Tuesday September 3 to start the new trading week and month.

A bid/offer spread...

Limited animal protein trade keeps prices flat; higher slaughter expected in Q4

Limited animal protein trade keeps prices flat; higher slaughter expected in Q4

Trading was quiet in the animal protein market on Tuesday September 3, with no changes reported. Several market sources...

Central Illinois soybean, soymeal prices rebound after previous lows

Central Illinois soybean, soymeal prices rebound after previous lows

The crush margin in Central Illinois rose by 7.9% week on week but was down by 18.8% year on...

First day of ACLE brings interest to buy hides at unchanged prices

First day of ACLE brings interest to buy hides at unchanged prices

The All-China Leather Exhibition (ACLE) completed its first day on Tuesday September 3, which brought reports of high wet...

US July soybean crush rises, with feedstock demand for soyoil hitting new monthly high in June

US July soybean crush rises, with feedstock demand for soyoil hitting new monthly high in June

The USDA’s Monthly Fats and Oils report, released on Tuesday September 3, showed that US processors crushed 193 million...

Organic stakeholders look to regional models to address volatility

Organic stakeholders look to regional models to address volatility

The recent trend to develop regional supply chains for milling grains may help organic producers’ bottom lines. A large proportion...

California’s potential feedstock cap could limit vegetable oil used in California biofuel production: sources [corrected]

California’s potential feedstock cap could limit vegetable oil used in California biofuel production: sources [corrected]

Feedstock providers and biofuel producers in the US have been resistant to the proposed amendments by the California Air...

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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