Vegetable Fats & Oils

Vegetable Fats & Oils

 

Canola Rebounds a Daily Momentum Turns Positive

Canola prices are rebounding moving higher during the latter half of November, buoyed by a surge in bean oil.  The recent reversal in the prices of soy beans have helped the entire vegetable oil complex gain traction. Daily price action has seen canola move above the bollinger band high (2-standard deviations above the 20-day moving average), as the bollinger band width increased to the widest level since October,โ€ฆ

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01.23.2025

Chicago animal fats and oils market trades higher on strong demand, tight supply

Chicago animal fats and oils market trades higher on strong demand, tight supply

Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...

01.23.2025

Winter weather impacts poultry production; December cattle, hog slaughter under prior year

Winter weather impacts poultry production; December cattle, hog slaughter under prior year

Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.

The only product under negative price pressure...

01.23.2025

Brazilโ€™s tallow export prices climb, domestic bid-offer gap widens

Brazilโ€™s tallow export prices climb, domestic bid-offer gap widens

Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...

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