Vegetable Oils Bulletin

Vegetable Oils Bulletin

USDA’s Supply and Demand Estimates Weigh on Markets

Nearby soybean futures were down 6 cents on Thursday pressured by weakness in soybean meal futures and expectations that USDA could raise its ending stocks projections in tomorrow’s WASDE report. Nearby soybean meal futures were off $3.10 on weakness in export markets with Gulf CIF basis down $3 to $5 and Gulf FOB basis off $1 to $5. Nearby soybean oil…

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05.02.2024

UCO, heating oil spread widens

UCO, heating oil spread widens

Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...

05.02.2024

US animal protein prices flat to lower amid light trading

US animal protein prices flat to lower amid light trading

US animal protein prices were steady to lower on Thursday May 2 amid reportedly limited trading, with multiple market participants traveling to the Petfood Forum in Kansas City, Missouri,...

05.02.2024

International animal fats and oils, May 2 2024

International animal fats and oils, May 2 2024

Trade was slow in Europe in the week to Thursday May 2, with animal fats prices showing no change, while the vegetable oil and used cooking oil (UCO) sectors...

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