Soybean Oil Prices Fall for the Sixth Straight Session on Weakness in Crude

Soybean Oil Prices Fall for the Sixth Straight Session on Weakness in Crude

Soybean Oil Prices Fall for the Sixth Straight Session on Weakness in Crude

Vegetable oil markets remained mixed on Monday with a sharp decline in crude oil prices, contributing to the pressure in soybean oil prices, while palm oil futures were narrowly mixed. The sharp decline in crude oil prices, while not necessarily correlated with the moves in vegetable oil prices, does reflect an expectation among soybean oil…

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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,...

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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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