Biodiesel Margins Suffer as Feedstock Prices Rise
RBD Soybean Oil Continues to Hold 13 Cents Premium to Crude Degummed Soybean Oil
Fastmarkets’...
Author: Alexandra Watts
More Organic Grain En Route
The Federal Reserve raised short-term borrowing rates again to a range of 5.25-5.50 percent, the highest in 22 years. The market had already priced in this rate hike and instead was looking for clues as to what the Fed might do in its next meeting. The Fed is still concerned with job growth which is essential to stabilizing demand through consumer purchases of organic poultry, dairy, and eggs.
