Market sources expect more turbulent times ahead for US vegetable oil market

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Market sources expect more turbulent times ahead for US vegetable oil market

To kick off 2024, US soybean oil futures sat below $0.49 per lb in Chicago. Over the course of the year, prices lost about 17% in value to end 2024 just shy of $0.40 per lb — or the cheapest edible oil in the world.

As US soybean oil prices crumbled, palm oil prices gradually surged in 2024.

By August, palm oil — normally the cheapest vegetable oil globally that trades at a discount of $30-40 per tonne to soybean oil —...

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Glycerin prices on rise while inventories fall

Glycerin prices on rise while inventories fall

Crude glycerin prices rose this week, with sources reporting to Fastmarkets on Monday December 30 that slowing biodiesel production...

Early publication of US agricultural products price assessments: pricing notice

Early publication of US agricultural products price assessments: pricing notice

Fastmarkets will publish price assessments for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain...

US bloodmeal price spread widens even with an elevated low end: 2024 recap

US bloodmeal price spread widens even with an elevated low end: 2024 recap

US animal protein prices were steady on Monday December 30. 

Hog slaughter
Fastmarkets’ research team forecasts hog slaughter...

US weekly ethanol production climbs; stocks hit 2-month high

US weekly ethanol production climbs; stocks hit 2-month high

US weekly average ethanol production reached 1.107 million barrels per day in the week to December 20, according to...

Branded cow hides drop in price amid economic uncertainty

Branded cow hides drop in price amid economic uncertainty

Branded cow hides dropped by $0.25 per piece on Monday December 30, according to a hide seller. Sellers managed...

India maintains robust purchases of US soybean oil

India maintains robust purchases of US soybean oil

US soybean oil demand from India continues to ramp higher due to its price competitiveness to that of palm...

US RD, SAF supplies remain strong despite declining import volumes

US RD, SAF supplies remain strong despite declining import volumes

US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record,...

Animal fats and oils end week steady amid holiday-limited trades

Animal fats and oils end week steady amid holiday-limited trades

The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to...

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01.30.2025

Diamond Green Diesel will look to Europe for RD, SAF: Valero

Diamond Green Diesel will look to Europe for RD, SAF: Valero

The most attractive markets for renewable diesel (RD) and sustainable aviation fuel (SAF) are Europe and the UK, Eric Fisher, senior vice president of US-based fuels producer Valero, said...

01.30.2025

DCO holds firm while animal fats sentiment softens amid market uncertainty

DCO holds firm while animal fats sentiment softens amid market uncertainty

Activity in the US animal fats and oils markets eased on Thursday January 30 as the month neared its end on a more cautious note amid ongoing uncertainty.

01.30.2025

Limited hide bidding interest; some Chinese tanners engage for discounts

Limited hide bidding interest; some Chinese tanners engage for discounts

Several hide sellers noted limited bidding interest on Thursday January 30, except for one packer who received strong volume bids from Chinese upholstery and shoe tanners despite the ongoing...

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