Soybean Oil Rally Continues
Vegetable oil prices rose as the rebound rally in oilseed markets continued on Tuesday. Soybean oil futures gained about 2 1/4 percent on the move higher in the soybean market, while palm oil rose a little less than one percent. The rally in soybean oil, which more than offset concerns about falling demand after bearish cargo surveyor data, drove palm oil gains. The relative gains drove the spread between soybean oil and palm oil wider, with the May contracts…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...