World Vegetable Oil Markets Mixed on OPEC Optimism, U.S. Export Sales Remain Robust

World Vegetable Oil Markets Mixed on OPEC Optimism, U.S. Export Sales Remain Robust

World Vegetable Oil Markets Mixed on OPEC Optimism, U.S. Export Sales Remain Robust

World vegetable oil markets were mixed on Thursday with nearby palm oil futures lower while deferred contracts and soybean oil prices were higher. A tweet from President Trump, suggesting a possible resolution of the tensions between The Organization of the Petroleum Exporting Countries (OPEC) members supported vegetable oil markets…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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