Log In
Price Reporting
- Unbiased Daily Price Reporting Our team of Senior Analyst update our pricing data across all our product offerings on a daily basis, giving you the most accurate accounting of market movements. IOSCO Compliant As part of the IOSCO credentialing process, independent legal services company Catalyst Law Group examined The Jacobsen’s policies and processes for assessing prices for the Used Cooking Oil, Tallow and Distiller Corn Oil markets.
- Animal Fats & Oils Pricing
- Animal Proteins Pricing
- Biodiesel Pricing
- Grain & Feed Ingredients Pricing
- Hemp & CBD Pricing
- Hide & Leather Pricing
- Organic & Non-GMO Pricing
- Sausage Casings Pricing
- Vegetable Oils Pricing
Forecasting
- Proprietary Data with AI Over 150+ years of agricultural data overlaid with a sophisticated AI to forecast outcomes with higher degrees of certainty. Outcome Agnostic Unlike our competitors, The Jacobsen has no positions in the market, therefore our forecasts are an unbiased report of what the data tells us and what our analysts know of the markets.
- Animal Fats & Oils Price Forecasting
- Organic & Non-GMO Price Forecasting
- Industrial Hemp & CBD Forecasting
- Biomass-Based Diesel Forecasting
- Vegetable & Seed Oil Price Forecasting
Reports
Events
About Us
- Email Us [email protected] Call Us +1 (708) 329-2641
- Blog
- Contact Us
- Conference & Events
- Media
- Methodology
- Our Team
- Technology
Plans
Search
Log In

World Vegetable Oil Prices Drop Despite Gains in Crude

Tore Alden | 11.24.2020 | Jacobsen

Soybean oil prices fell sharply during U.S. trading on profit-taking across the soybean complex. However, as soybean futures rallied back to post gains at the close, soybean oil futures trimmed the decline. Still, liquidation of long oil share positions, despite a four-percent rally in West Texas Intermediate (WTI) futures, left soybean oil futures lower for the day. Overnight weakness in world vegetable oil futures weighed on palm oil prices, which also settled lower on Tuesday.

Membership required to view content.

The narrowing of the spread between soybean oil and heating oil futures (HOBO), which fell from $1.68 per gallon on Thursday to $1.53 on Tuesday, should support soybean oil prices. However, given…

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

01.21.2025

UCO, tallow prices continue to rise

Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.

Bleachable fancy tallow (BFT) was quiet...

01.21.2025

Poultry by-product pet grade prices lower on winter weather effects

Most US animal proteins traded in prices ranges on Tuesday January 21 that were steady from the preceding Friday.

Several market sources told Fastmarkets that limited trade volumes...

01.21.2025

Central Illinois soybean crush margins hit 8-month low

In the week to Friday January 17, the soybean crush margin in Central Illinois decreased by 10.4% week on week and by 22.6% year on year, according to the...

Latest Tweets

Twitter feed is not available at the moment.

World Vegetable Oil Prices Drop Despite Gains in Crude

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

Latest Tweets

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!