Palm oil exports are slightly stronger than market expectations, which appear to be helping to buoy prices in an increasingly bearish environment. Malaysia’s exports have been firm during April. Demand for RBD palm olein remains very strong and increased by 111,465 metric tons from April 20th and is 57% stronger month over month. Crude palm oil demand remains weak and only increased by…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...