Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Weekly Recap

Soybean futures closed higher on a weekly basis, which is the second higher weekly close in the past three-week period. May futures advanced 16.50 cents to 10.44¾ per bushel, while July was 16.25 cents higher at 10.55½. Soybean prices advanced 26.75 cents per bushel on Thursday, receiving the entire weekly upswing on Thursday,…

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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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