CPO prices has climbed nearly 9% so far in February albeit from depressed levels given the nearly 50% slide in prices over 2014. Prices have increased due to a fall in output in Malaysia as unfavorable weather has hampered production. Malaysian CPO production declined 15 per cent to 1.16 million tons in January 2015 from 1.4 million tons in December 2014.
The Malaysian government announced…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...