Vegetable Oils Bulletin

Vegetable Oils Bulletin

SOYBEAN COMPLEX RALLIES ON ANECDOTAL REPORTS INDICATING CHINA BOUGHT US SOYBEANS

Soybean futures rallied on Wednesday on anecdotal reports of new purchases of soybeans by China. The total volumes reported ranged from 500,000 to two million tonnes, but the futures only rallied about 1/2 percent. Technically-driven selling in the nearby contract at the 200-day moving average limited the gains, but the rally still…

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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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