Vegetable Oil Prices Post Largest Weekly Gain in Three Years

Vegetable Oil Prices Post Largest Weekly Gain in Three Years

Vegetable Oil Prices Post Largest Weekly Gain in Three Years

Vegetable oil prices rallied sharply on a combination of concerns about palm oil output and rising demand, especially from China, where vegetable oil futures rose between 1 1/2 and 2 1/4 percent on Friday. Wetter-than-normal conditions in China, Malaysia, and Indonesia are resulting in flooding that is driving concerns about vegetable oil production, particularly palm oil, over at least the balance of the month. The strong rally in vegetable oil prices occurred even though crude oil prices moved slightly lower on Friday. The correlation between the two commodities remains low due to the bullish vegetable oil fundamentals. However, if there were positive developments in the world economy that supported crude oil values, the gains in vegetable oil markets may have been more substantial.

Soybean oil futures…

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