Conference, Plunge in Soybean Oil Prices Limit Trading

Author: The Jacobsen

Conference, Plunge in Soybean Oil Prices Limit Trading

The Jacobsen | 05.16.2023

Market activity was dull again on Tuesday, with few price indications and or deals reported. Many sources were attending the Jacobsen Biofuels and Feedstock Conference in Chicago.

In addition to this, benchmark soybean oil futures crumbled again, which left many participants willinging sitting on the sidelines. On the CME, the most widely traded soybean oil futures contr...

Read More
Soybean Oil Futures Hold Below 50 Cents Per Pound

Soybean Oil Futures Hold Below 50 Cents Per Pound

Cash trading was very quiet to start the week, with many sources travelling to Chicago for the Jacobsen Biofuels...

READ MORE

Weekly Soybean Crush Margins Drop Significantly with Soyoil Reductions

Weekly Soybean Crush Margins Drop Significantly with Soyoil Reductions

The estimated Central Illinois crush margin increased week ending May 12th, moving down week-on-week by 8.0 percent. Year-over-year crush...

READ MORE

Hog Slaughter Forecast Above 2022 For May

Hog Slaughter Forecast Above 2022 For May

For Monday, animal proteins were called steady for the start of the week. Several participants are currently traveling for...

READ MORE

Cattle Slaughter Projected Lower ahead of Holiday

Cattle Slaughter Projected Lower ahead of Holiday

Trading was quiet to start the week with no changes reported. For the most part, the market was steady, with...

READ MORE

Co-Production Grains Unsettled Due to High CBOT Volatility

Co-Production Grains Unsettled Due to High CBOT Volatility

Market Update

Agricultural futures markets were mixed on Friday following the midday release of the USDA's May World Agricultural Supply...

READ MORE

SBO Futures Close Just Above 51 Cents

SBO Futures Close Just Above 51 Cents

Edible oil futures prices were lower on Thursday, as a weaker U.S. dollar, rapid planting progress in the U.S....

READ MORE

Market Sees More Trading Action, Limited Moves

Market Sees More Trading Action, Limited Moves

**Please note - Ryan Standard was out of the office today and will return on May 12. In his...

READ MORE

Dog and Cat Food Export $/MT Lower After 6-Months Higher

Dog and Cat Food Export $/MT Lower After 6-Months Higher

According to the May release from the U.S. Census Bureau, March 2023 dog and cat food exports (dollar value...

READ MORE

Articles by Topic

Blog

05.01.2024

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023

The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...

READ MORE

05.01.2024

Distillers’ corn oil production moves higher

Distillers’ corn oil production moves higher

Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.

Used cooking oil (UCO) and yellow grease traded...

READ MORE

05.01.2024

Animal protein prices steady amid avian flu outbreak

Animal protein prices steady amid avian flu outbreak

US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...

READ MORE

Latest Tweets

Twitter feed is not available at the moment.