Soybean Oil Rallies Sharply Despite Plunge in Energy Markets

Soybean Oil Rallies Sharply Despite Plunge in Energy Markets

Soybean Oil Rallies Sharply Despite Plunge in Energy Markets

Vegetable oil prices were mixed following the long holiday weekend, with soybean oil futures rising sharply while palm oil prices were mixed. Fund oil/meal spreading and gains in soybean futures drove the strength in soybean oil, while expectations the Malaysian Palm Oil Board (MPOB) will report palm oil inventories rose in March weighed on palm oil prices. Weakness in crude oil during the overnight session also contributed to the decline in palm oil futures, but as the drop in energy prices accelerated during U.S. trading hours, it had no impact on the rally in the soybean oil market.

The moves drove the spread between the May soybean oil and palm oil contracts back above nine cents, while the July spread rose back above 12 cents. Despite the increases, lower highs than Thursday suggest the spreads may continue to…

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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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