Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Hedge Funds Traders Exit Bean Oil Positions as Topping Pattern Forms

Bean oil prices moved lower on Monday, along with soy beans, despite data that shows that prices could benefit from stronger import demand into China.  Prices were higher ahead of the weekend following a report that showed the second big sale for the week from China impressing the markets given importers are normally sourcing more beans from South America by this time. Strong imports from China…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

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

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

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...

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