Concerns About Rising Inventories Continue to Pressure World Vegetable Oil Prices

Concerns About Rising Inventories Continue to Pressure World Vegetable Oil Prices

Concerns About Rising Inventories Continue to Pressure World Vegetable Oil Prices

World vegetable oil prices continued to move lower on Wednesday as concerns about demand and weakness in crude oil prices triggered selling. The move was not as correlated with crude oil as the end of the day prices might suggest as vegetable oil prices fell right from the opening of trading during the overnight session and the decline accelerated when crude oil started to move lower.

Soybean oil futures fell about 1 3/4 percent (July contract -47 basis points per pound) as selling across the soybean complex due to concerns about rising tensions between the United States and Chinese governments added to the pressure from the bearish fundamentals. The decline was the largest daily change in more than a week and left the most actively traded July contract back below the…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets