A Collapse in Crude Oil Prices Triggers Selling in World Vegetable Oil Markets

A Collapse in Crude Oil Prices Triggers Selling in World Vegetable Oil Markets

A Collapse in Crude Oil Prices Triggers Selling in World Vegetable Oil Markets

Falling crude oil prices drove world vegetable oil markets lower on Monday. Soybean oil futures were marginally lower (July contract -3 basis points per pound) and settled within the middle of the trading range. However, technically-driven…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.16.2024

Animal fat prices steady on limited volume traded

Animal fat prices steady on limited volume traded

Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.

On Thursday,...

05.16.2024

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Grain consuming animal units forecast lower for 2023/24, 2024/’25

Animal protein prices were steady on Thursday May 16.

Market sources reported an uptick in interest, but the upcoming Memorial Day holiday, lower prices for distiller dried grains...

05.16.2024

International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

Latest Tweets