Asian palm oil prices rallied on Wednesday June 26 for the first time in three days. Rising US oil inventories could potentially affect the broader energy sector, but the sell-off may have run its course, a source told Fastmarkets.
A second source believed the downside for crude palm oil futures would be limited in coming weeks due to the onset of the dry season. Reduced production is expected to buoy prices in the near term.
Three cargo surveyors in the export market each reported month-on-month shipment declines of 16.12%, 16.94% and 4.31%.
…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...