Vegetable Oil Prices Bounce

Vegetable Oil Prices Bounce

Vegetable Oil Prices Bounce

Vegetable oil markets bounced on Wednesday as selling pressure waned, and both markets consolidated the remaining gains from the recent rally. Overnight strength in crude oil prices, which carried into the U.S. session, also contributed to the bullish tone in both markets. Both markets rallied on below-average volume, which may indicate that the move higher was a pause in a downtrend and not the establishment of the lower end of a new trading range. With cash prices generally moving lower during the week, a pause is a plausible scenario. Still, the demand for imports from Chinese buyers could reverse the cash markets and potentially the futures markets at almost any time.

Soybean oil futures rose about 1/2 percent (September contract +19 basis points per pound). However, selling at the five-day exponential and 10-day moving averages limited…

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