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Vegetable Oils Bulletin

Bob Lane | 11.14.2016 | Jacobsen

Bean Oil Tumbles through Support as Momentum Turns Negative

Bean oil prices moved lower on Monday, weighed on by a strong dollar which continues to gain traction in the wake of the Trump victory last week. The U.S. 10 year yields popped above 2.23% the highest levels seen since January of 2016. The higher yields are driving the dollar higher and commodities prices in dollars are experiencing downward pressure. Diesel prices have also dropped which…

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01.21.2025

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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Vegetable Oils Bulletin

Bean Oil Tumbles through Support as Momentum Turns Negative

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