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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...