Vegetable Fats & Oils

Vegetable Fats & Oils

 

Palm Oil Consolidates on Mixed Production Statistics forming Reverse Head and Shoulder Pattern

Crude palm oil prices were nearly unchanged on Thursday as price action consolidates after falling during the latter half of February.  Prices were buoyed earlier in the month following news that the Indonesian government said they would increase the subsidies related to the creation of bio-diesel.  With soybean oil prices holding steady, the market is attempting…

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04.22.2024

Animal fats and oils commentary: CWG prices fall on pressure from DCO

Animal fats and oils commentary: CWG prices fall on pressure from DCO

Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...

04.22.2024

Cattle slaughter more in line with 2023 as May nears

Cattle slaughter more in line with 2023 as May nears

US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...

04.22.2024

Central Illinois soybean crush margins hit 5-week high

Central Illinois soybean crush margins hit 5-week high

DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.

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