Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Canola Remains Elevated Buoyed by Palm Oil Demand and Diesel

Canola prices remain buoyed, as vegetable oil prices have been supported by positive sentiment and a derth of supply in Asia. With Diesel prices rising on the back of Wednesday OPEC cut of production, prices of vegetable oils that are used as inputs into the bio-diesel process should continue to remain buoyed.

Canola is testing resistance near the Bollinger band high at 43, which is 2-standardโ€ฆ

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01.07.2025

Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024

Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024

US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...

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Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment

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Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.

Apart from this trade and continued activity in choice...

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Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast

Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast

US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.

Price pressure was reported on poultry-related...

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