Malaysian palm oil exports of 492,321 metric tons are 5.5% less than what was seen over the first 15 days of February and are 9% from mid-month February 2016. Both crude and refined palm oil exports are lagging last month’s rate. CPO shipments are down 30%, while refined palm oil is 22% lower. Refined palm stearin also was seen lower month over month, but RBD palm olein was nearly 74,000 metric tons higher at…
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...