The MPOB demand figures for January showed that export activity moved higher for the first time in five months. Total palm oil exports rose only 1.5% to 1.28 million metric tons, but it was the best export production for the month of January in the past three years. Crude palm oil output fell hard, dropping 13.36% to 1.28 MMT during January. Output reached its lowest level in the…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...