Palm oil exports soared 53% higher to 1.07 million metric tons, continuing on the rapid pace seen over the first half of the month. May 1 through 20 exports are 368,722 metric tons more than what was shipped during the same April time frame. Demand for crude palm oil (CPO) continues to be the market driver this month. CPO shipments are up 791% month over month, which translates to 331,043 MT more in exports.
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12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...