Vegetable Oils Bulletin

Vegetable Oils Bulletin

 

Could biodiesel countervailing duties lead to short squeeze in soybean oil prices?

Before the countervailing duties were put in place against Argentina, biodiesel imports were on pace to account for 25% or more of this year’s D4 mandate.  After the CVD’s, it is projected that Argentine imports will halt and imports will be fade to about 11% of the mandate. 

Given that soybean oil accounts for about 50% of all the feedstock used domestically to…

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11.25.2024

Glycerin prices mostly stable even amid tightening kosher supplies

Glycerin prices mostly stable even amid tightening kosher supplies

Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”

Kosher glycerin supplies are “getting tighter,” according...

11.25.2024

Packer BFT, CWG trade higher; hog slaughter down week on week

Packer BFT, CWG trade higher; hog slaughter down week on week

Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.

Five cars of packer BFT traded...

11.25.2024

Cattle slaughter six-week average projection down for holiday season

Cattle slaughter six-week average projection down for holiday season

Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.

Price pressure on ruminant meat...

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