Argentine Plant Explosion Could Drive Veg Oil Prices Higher

Argentine Plant Explosion Could Drive Veg Oil Prices Higher

Argentine Plant Explosion Could Drive Veg Oil Prices Higher

Vegetable oil prices were mixed on Wednesday, with nearby palm oil futures rising while deferred contracts and soybean oil prices fell. Follow-through buying from Tuesday’s bullish cargo surveyor data and strength in Chinese vegetable oil futures supported nearby palm oil prices, but weakness in crude oil prices and fund spreading weighed on soybean oil values. Crude oil prices were steady throughout the overnight session but fell sharply at the U.S. open to settle four percent lower (December contract -$1.67 per barrel). Despite the sharp decline, the benchmark West Texas Intermediate (WTI) December contract held the critical $40 per barrel level. A larger-than-expected build in U.S. gasoline inventories contributed to the decline in crude oil values.

Nearby soybean oil futures fell about 1/4 percent (December…

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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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