Vegetable Oils Bulletin

Vegetable Oils Bulletin

DECLINE IN PALM OIL FUTURES AND MEAL/OIL SPREADING DRIVE SOYBEAN OIL FUTURES LOWER

Soybean futures continued to move higher on Monday, but the pace of the increase slowed dramatically from the increases of the last three days. Futures rose a little more than 1/4 percent on the same themes that have been driving the market higher (concerns about dryness in Brazil and optimism about a resolution to the trade tensions…

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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,...

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