World Vegetable Oil Prices Mixed as Traders Look Forward to Data to Determine the Next Move in Prices
World vegetable oil prices were mixed on Tuesday with soybean oil and nearby palm oil futures rising while deferred palm oil prices fell. Crude oil markets remained volatile and may have contributed to the gains in nearby palm oil. However, weakness in the West Texas Intermediate (WTI) contract during U.S. trading hours was not enough to push soybean oil prices lower.
Soybean oil futures rose…
02.06.2025
US inedible meat meal, feathermeal export volumes decline y-o-y in 2024
US feathermeal (FM) exports decreased month on month in December, while inedible meat meal (IE MM) exports increased, according to data from the USDA Foreign Agricultural Service’s Global Agricultural...
02.06.2025
Stronger US demand support higher Brazilian tallow prices
The price reference for exported Brazilian tallow increased in the week to Thursday February 6 amid stronger demand from US buyers, sources told Fastmarkets. Meanwhile, the domestic market edged...
02.06.2025
US weekly soybean meal exports, sales surge to new marketing-year highs
2024/25 soybean meal sales were up by 29% week on week to a total of 530,600 tonnes, compared with 410,300 tonnes the week before.
Meal sales increases went...