Vegetable Fats & Oils

Vegetable Fats & Oils

 

Canola Moves Lower to Support as Momentum is Poised to Turn Negative

Canola prices have moved lower after experiencing a robust run up during the early part of December.  Prices are under pressure along with most commodities, as a stronger dollar is eroding the value of intermediate products.  With heating oil prices also moving lower, due to warmer than normal weather covering most of the east coast of the United States, the drag is effecting the price of…

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05.03.2024

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

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

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 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...

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