Vegetable Oils Bulletin

Vegetable Oils Bulletin

SHARP DECLINE IN CRUDE OIL TRIGGERS SELLING ACROSS COMMODITY SPACE

Soybean complex futures settled lower on Tuesday pressured by weakness across the commodity space that was triggered by a seven-percent decline in crude oil prices. The across-the-board selling left soybean and soybean oil futures down about 1/2 percent. Nearby soybean meal futures also settled about 1/2 percent lower, but losses in deferred…

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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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