Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Crop Progress – The latest data signals are neutral for corn and peanuts, bearish for beans and wheat, and bullish for cotton

Corn planting is coming to a close.  The corn crop is 98% planted as of June 5th. This is up 4 points from last week and is a point above the 5-year average of 97%. 90% of the crop has emerged, which is 1 point more than last year’s pace and 14 points ahead of the 5-year average. No states are showing any significant planting…

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05.06.2024

Strong biodiesel production seen weighing on crude glycerin prices

Strong biodiesel production seen weighing on crude glycerin prices

The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...

05.06.2024

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team

Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...

05.06.2024

Year-to-date commercial cattle production falls 2.30% y-o-y

Year-to-date commercial cattle production falls 2.30% y-o-y

US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.

US hog slaughter
Fastmarkets research...

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