Palm Oil Prices Rally Ahead of Holiday
The rally in vegetable oil prices accelerated as short-covering ahead of a national holiday on Thursday led palm oil prices sharply higher. The gains in palm oil triggered oil/meal spreading in the soybean oil markets, driving soybean oil prices to outpace modest gains in soybean futures. Gains in vegetable oil futures on the Dalian exchange also helped support prices. However, palm oil’s relative outperformance narrowed the spread between soybean oil and palm oil contracts, with the spread between…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...