As July came and went, Malaysian palm oil stocks raised 5.3% to their highest level in the past nine months, 2,265,494 metric tons. Falling exports and rising output was behind the increase seen in stocks. Export activity fell from 1,697,277 MT to 1,602,110, a drop of 5.61% as consumption declined post Ramadan. Exports are 11% higher than they were at this time last year.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...