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…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...