World Vegetable Oil Markets Remain Mixed but Settle Well Below Highs on Doubts about Effectiveness of Crude Oil Cuts
World vegetable oil markets reverted to the pattern from the first two days of the holiday-shortened week with soybean oil prices rallying, while palm oil futures declined.
Expectations of a deal to reduce crude production and the announcement that the U.S. Federal…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...