Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Soybean oil moves higher after Commerce Department imposes duties on biodiesel imports from Argentina and Indonesia

Late yesterday afternoon it was announced by The Department of Commerce that due to their preliminary findings, they were going to place substantial countervailing duties on Argentinian and Indonesian biodiesel imports into the US.

Importers of Argentinian and Indonesian biodiesel will be required to pay cash deposits ranging from 50.29 to…

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

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