05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Malaysian Palm Oil Exports up 10.6% Midway through March up
Export data from cargo surveyor Intertek Testing shows that palm oil shipments for export are up 10.6% at the mid-point of the month. While still higher, they are not quite the 31% increase that was reported on the 10th. Crude palm oil (CPO) demand is off by 12%, RBD palm oil demand is down 25%, but RBD palm olein demand is up by 51,785 metric tons, or 58%, and is helping to push overall…