SBO Prices End Volatile Week Down 4.5 Percent

SBO Prices End Volatile Week Down 4.5 Percent

Following a volatile week, world vegetable oil prices ended mixed on Friday. Bargain buying before the weekend drove gains in palm oil markets and fueled an early but fleeting advance in soybean oil futures. Optimism that an agreement will be reached in U.S. debt-ceiling discussions initially boosted the U.S. dollar, equities and energy markets that spilled into most of the agricultural markets. 

Giving back initial gains, benchmark soybean oil futures (July contract) in Chicago closed near unchanged, down just two basis points to 47.27 cents per pound. The nearby contract, which fell to better-than-two-year lows on May 17 due to healthy stockpiles in the U.S., rapid crop planting progress in the Midwest, and news that Russia agreed to an extension of the Black Sea grain export deal, lost 4.5 percent on the week.  

Figure 1.

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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

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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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