Vegetable Fats & Oils

Vegetable Fats & Oils

 

Bean Oil Reverses Earlier Gains Following Robust USDA Report

Soybean oil prices reversed earlier gains and fell the most since November after the government reported that inventories expanded in the U.S. Domestic stockpiles on Dec. 1 reached 2.524 billion bushels, the U.S. Department of Agriculture reported Monday. That’s the biggest for the date since 2006 and compares with 2.154 billion a year earlier. Analysts surveyed had expected 2.599 billion, on average.

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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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