World Vegetable Oil Prices Continue Rally Despite Sharp Decline in Crude Oil
Soybean oil futures bounced on Friday despite a sharp drop in crude oil prices as traders continued to push oil share higher from the multi-year low set on Monday. The rally left most contracts up about 1 1/4 percent (May contract +35 basis points per pound). Spreading by funds helped lift soybean oil despite a 5 1/2 percent drop in crude…
11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...