Extension of Plantation Shutdowns Drives Palm Oil Higher, but Fund Spreading and Decline in Crude Oil Limit Gains in Soybean Oil
World vegetable oil markets continued to move higher on Monday, despite another sharp decline in crude oil prices. However, the gains in palm oil were substantially larger than they were in the soybean oil market. Palm oil was supported by an expansion of the shutdowns of plantations…
12.31.2024
US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA
The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...
12.31.2024
Market activity remains muted amid New Year’s holiday
The US animal fats and oils markets were unchanged on Tuesday December 31, as market activity remained muted amid the New Year's holiday.
Prices for choice white grease...
12.31.2024
US weekly soybean, wheat, corn export inspections drop
Weekly export inspections
Export inspections of US grains showed a decline for corn, soybean and wheat in the week to December 26, according to data from the USDA released...