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Blog

Edible Oil Futures Prices Climb before Weekend

Alexandra Watts | 10.27.2023

World vegetable oil prices ended the week higher, with palm oil and soybean oil futures in the U.S. advancing on short covering and bargain buying before the weekend.

Soybean oil prices were up in early trading alongside early strength in crude oil and the soybean complex. Crude oil prices pulled back from their highs, however, and soy oil followed suit. The most liquid soybean oil futures contract on the CME (December) ended on Friday at 52.27 cents per pound, up 53 basis points per pound,...

New Organic Livestock and Poultry Rule Drops

Rules governing organic livestock and poultry production have long been a source of friction between organic stakeholders, consumers, the...

Montana Renewables Provides Operational Update Ahead of Q3 Earnings

Montana Renewables (MRL) is the largest SAF producer in North America and among the largest renewable diesel producers. ...

Fat Prices Continue to Erode

**Please Note - Ryan Standard will be at the NARA Conference in Naples, FL for the remainder of the...

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Flat Call on Limited Trade for Animal Proteins

Values on animal proteins remained rangebound, with most calling the market quiet for the day, with several participants attending...

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International Animal Fats 26.10.23

Animal fats and UCO prices moved lower again this week as a lack of nearby demand has mixed with...

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Soybean Meal and Corn Export Sales Exceed Expectations

CME grain prices were mixed on Thursday. December wheat saw an increase of $0.11, closing at $5.79/bu, while November...

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Large Chinese Footwear Tanners Enter Market Today

Bidding activity for US hides was active today. Multiple sellers reported an influx of bids from several leather sectors,...

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Worldwide Hide Demand From Footwear Sector Remains Slow

Argentina

October 26

Slaughter continues to decline. Many beef processing plants are operating between 20-40 percent...

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Blog

Edible Oil Futures Prices Climb before Weekend

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