Shutdowns Continue to Support Palm Oil, While Profit-Taking Drives Soybean Oil Lower

Shutdowns Continue to Support Palm Oil, While Profit-Taking Drives Soybean Oil Lower

Shutdowns Continue to Support Palm Oil, While Profit-Taking Drives Soybean Oil Lower

World vegetable oil markets remain mixed on Wednesday, but the pattern changed from recent days with soybean oil prices moving lower while palm oil futures rallied. Once again, both markets were uncorrelated with crude oil, although a break in crude oil prices during the middle of the U.S. session might have contributed to some of…

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01.21.2025

UCO, tallow prices continue to rise

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...

01.21.2025

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

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.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

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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