Please note: Bob Lane will be out of the office through Monday, August 24th. Please contact Ryan Standard at 331.276.8227 or [email protected] with any questions, comments or trading.
Veg Oil Markets
by Tore Alden
World vegetable oil moved lower on Friday as falling cash prices outweighed gains on the Dalian exchange. Weakness in crude oil prices during the overnight session and again during U.S. trading hours also contributed to the bearish tone.
Soybean oil futures fell by 1/2 percent or less (December contract -11 basis points per pound). Weakness in the soybean complex and light fund spreading also weighed on prices. However, buying below the five-day exponential and 10-day moving averages limited the decline. Traders will look forward to the monthly supply and demand data…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...