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World Vegetable Oil Prices Continue Rally Despite Sharp Decline in Crude Oil

Tore Alden | 03.27.2020 | Jacobsen

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…

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01.21.2025

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

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Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

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Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

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World Vegetable Oil Prices Continue Rally Despite Sharp Decline in Crude Oil

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