Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Bean Oil Prices Consolidate Following Surge Late Last Week

Bean oil prices consolidated recent gains on Monday after surging toward resistance on the back of short covering. The most recent trade report helped prices gain traction as it showed that exports for the month of January where at 218 million bushels which were 31 million less than December and 40 million less than 1 year ago.  Friday’s stronger than expected U.S. payroll report also helped lift grains…

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01.13.2025

Glycerin prices unchanged; buyers, sellers cautious about market trend

Glycerin prices unchanged; buyers, sellers cautious about market trend

80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...

01.13.2025

Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks

The US animal fats and oils markets began the week on a quieter note on Monday January 13, as

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 released last on Friday January 10.

Although...

01.13.2025

Weekly hog slaughter forecast at 2.57 million into February

Weekly hog slaughter forecast at 2.57 million into February

US animal protein prices were steady day on day on Monday January 13.

Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...

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