Indonesian Flooding Sparks Reversal in Vegetable Oil Markets

Indonesian Flooding Sparks Reversal in Vegetable Oil Markets

Indonesian Flooding Sparks Reversal in Vegetable Oil Markets

Palm oil and soybean oil prices bounced from overnight lows to post gains on Friday despite continued weakness in vegetable oil futures on the Dalian exchange. Concerns about flooding in Indonesia helped support palm oil futures, while technically-driven buying and recovery in soybean values contributed to the gains in the soybean oil market. Crude oil prices were higher overnight, which lent support to palm oil futures but sold off ahead of the U.S. open. Crude rallied to the high of the U.S. trading session at the close of agricultural trading, which may have provided limited support for soybean oil prices. However, selling after the agricultural markets closed left the benchmark November West Texas Intermediate (WTI) contract marginally lower for the day, but still above the psychologically critical $40 level.

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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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...

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