Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Bean Oil Moves Higher as Hedge Funds Pile into Long Positions

Bean oil prices moved higher on Monday following a 3-day weekend as markets were off Friday for the Good Friday holiday.  The rise in petroleum has helped vegetable oil prices gain traction as inputs into the bio-diesel process have benefited from the recent rise.  Hedge fund traders added to long positions and reduced short positions in futures and options according to the most recent Commitment…

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11.26.2024

Biomass-based diesel market quiet ahead of US holiday

Biomass-based diesel market quiet ahead of US holiday

Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.

Biofuel markets in general have slowed ahead of the implementation of the Clean...

11.26.2024

BFT prices climb as some DCO markets trend lower

BFT prices climb as some DCO markets trend lower

Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.

11.26.2024

Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023

Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023

Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.

Fastmarkets assessed the price of poultry by-product...

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