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Record use of soybean oil for biofuel in May

By |August 22, 2023|Categories: Biodiesel, Biofuels, Corn & Soy Complex|Tags: , , , , , , |

EIA reported that biodiesel and renewable diesel producers used 1.14 billion pounds of soybean oil in May, the first time that monthly biofuel consumption [...]

EPA policy may reduce soybean oil demand

By |March 10, 2023|Categories: Biodiesel, Corn & Soy Complex, Edible Oils|Tags: , , , , , , , |

Soybeans are an important and widespread oilseed crop in the U.S., due, in part, to soybean byproducts. Soybean meal serves as feedstock for livestock [...]

Food Price Index down to 15-month low

By |January 19, 2023|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , , , , , , , |

Adjusted for inflation, FAO’s Food Price Index (FPI) fell nearly 2 percent in December, reaching its lowest level since September 2021 and down about [...]

Soybean oil decouples from complex under RFS pressure

By |December 5, 2022|Categories: Biofuels, Corn & Soy Complex, Edible Oils, Energy|Tags: , , , , , , , , , , , |

Futures activity Jan-23 soybean meal futures closed at $424.10 per short ton on Friday, up $12.40 for the week. Jan-23 soybean oil futures fell [...]

FAO Food Price Index down in May for second straight month

By |June 9, 2022|Categories: Dairy & Eggs, Edible Oils, Market Prices, Sugar, Wheat|Tags: , , , , , , , , , , , |

FAO’s Food Price Index (FPI) was reported down over half a percent in May, adjusted for inflation, the second straight monthly decline. May’s FPI [...]

Real Food Price Index down half a percent at start of 2022

By |February 10, 2022|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , , , , |

Adjusted for inflation, FAO’s Food Price Index (FPI) fell half a percent in January but was still up 6.1 percent YOY. In nominal terms [...]