Soybean Oil Spreads Continue Rally on Robust Domestic Use

Soybean Oil Spreads Continue Rally on Robust Domestic Use

Soybean Oil Spreads Continue Rally on Robust Domestic Use

Soybean oil prices were narrowly mixed on Tuesday as the bullish data released by the National Oilseed Producers Association (NOPA) on Monday continued to support spreads. Palm oil prices were also narrowly mixed, but the spreads tightened on concerns about slowing demand for exports in November. The January 2021/January 2022 soybean oil spread gained 14 basis points to settle at 2 3/4 cents on Tuesday, a life-of-contract high. The spread has rallied nearly two cents in November on a continuation of robust domestic demand. A shortage of alternative feedstocks has driven record demand from biodiesel producers, which has not substantially impacted non-biofuel demand despite a sharp increase in basis levels. The NOPA data suggested domestic demand rose above two billion pounds for the fourth time in the last five months. Combined with The Jacobsen’s…

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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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