Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Weekly Recap

Soybean futures closed lower on a weekly basis for the first time in three weeks.  Soybeans for March and May delivery slipped 0.68%, or 6.75 cents per bushel. Export activity weakened, falling 42% to 359 TMT for 2017/18 sales, and 52% below the 4-week average of 754.5 TMT.  Total export commitments are 74% of projections with 31…

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05.07.2024

Singapore Airlines Group orders SAF from Neste ahead of mandate

Singapore Airlines Group orders SAF from Neste ahead of mandate

The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.

SIA...

05.07.2024

Animal fats prices to US Gulf jump on growing demand

Animal fats prices to US Gulf jump on growing demand

Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...

05.07.2024

Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average

Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average

US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.

Fastmarkets...

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