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US Gulf palm oil prices retreat from 1-year highs

Alexandra Watts | 04.30.2024

Cash prices for prompt palm oil and palm oil products moved lower during the Tuesday April 30 session, tracking losses in palm oil futures. US Gulf palm oil and palm olein indications have pulled back from one-year highs reached in early April.

In the US, palm oil has been losing market share to cheaper animal fats such as tallow. Lower prices for tallow compared with palm oil prices have led to livestock reformulations in the US feed industry.

On Tuesday, Fastmarkets’ price assessment of palm oil, RBD, fob US Gulf was $0.4775-0.4875 per lb, falling from $0.4850-0.49 per lb on Monday April 29 and down by over 10% month on month.

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06.27.2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

Resale European hog runner:
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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

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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US Gulf palm oil prices retreat from 1-year highs

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