Palm oil prices have stabilized, but have traded under pressure on supply concerns, dropping nearly 10% since hitting a high on May. Recent production data shows that June production in Malaysia, the world’s second largest palm producer, fell 8.5% to 1.51 million tons. The recent rebound in soy bean oil has helped prices stabilize near support at the Bollinger band low which is 2-standard deviations below the…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...