Fund Spreading Supports Nearby Vegetable Oil Contracts

Fund Spreading Supports Nearby Vegetable Oil Contracts

Fund Spreading Supports Nearby Vegetable Oil Contracts

Vegetable oil futures were mixed on Tuesday as nearby soybean oil prices rallied on bull spreading by funds while palm oil futures remained narrowly mixed. Weakness in energy prices continues to weigh on palm oil values, despite a more bullish outlook for exports in December, with West Texas Intermediate (WTI) prices down 4 1/2 percent ($2.22 per barrel) in the last two days. Concerns about a new strain of the coronavirus have driven the selling in the energy markets, stopping the benchmark WTI contract just short of the psychologically critical $50 level. A sharp rally in soybean futures has supported soybean oil prices, particularly at the front end of the curve, with the most actively traded contract rising to test the 40-cent level on Tuesday.

Nearby soybean oil futures gained more than one percent (March…

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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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