WORLD VEGETABLE OIL PRICES MIXED, DRIVING SPREAD BETWEEN SOYBEAN OIL AND PALM OIL WIDER
World vegetable oil prices were mixed again on Friday with palm oil futures down sharply while soybean oil prices rallied. The move contributed to a widening of the spread to more than two cents per pound between the two most commonly used vegetable oils. The relatively narrow spread, which was close to parity earlier in the…
12.20.2024
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
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
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...