Malaysian palm oil exports of 670,442 metric tons continue to suffer and are 10% less than what was seen during first 20 days of May, as well as 7% less than the 721,020 MT shipped over the same period in June 2017 according to cargo surveyor SGS. Weakness in RBD palm olein demand appears to be behind the weaker export data.
Crude palm oil (CPO) demand is fairly strong, up 41% to 89,650 MT over the…
11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...