US soybean oil futures down; close above intraday low after NOPA data

US soybean oil futures down; close above intraday low after NOPA data

US cash vegetable oil markets were sluggish on Monday July 15. Most eyes were glued to soybean oil futures in Chicago, which ended lower following a volatile session; prices plummeted early in the day before losses were pared.

On the Chicago Mercantile Exchange, August soybean oil futures closed at $0.4642 per lb on Monday, down by 23 basis points per lb, or 0.5%, from $0.4665 per lb on Friday July 12.

Soybean oil futures initially sold off sharply after the weekend’s failed assassination attempt against former US President Donald Trump. The shooting increased market speculation that Trump could win another term following the November US presidential election.

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03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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