Soybean Oil Prices Set New Highs Despite Bearish Data

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Soybean Oil Prices Set New Highs Despite Bearish Data

Tore Alden | 05.04.2021

Vegetable oil futures were mixed on Tuesday as reports suggesting Indonesian palm oil production could rise by more than seven percent in 2021 weighed on palm oil prices. Meanwhile, despite a bearish Crop Progress report released after Monday's close, soybean futures gained about one percent, contributing to strength across the oilseed complex. The buying drove soybean oil prices sharply higher, with most cont...

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Profitability Continues to be a Moving Target for Hemp Operators

Profitability Continues to be a Moving Target for Hemp Operators

The economics of hemp production are a moving target at this stage of industry development.  A large part of this...

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Organic Poultry Demand Remains Strong

Organic Poultry Demand Remains Strong

Organic soybean meal prices remain elevated, and consumers are focused on the spot market. Merchandisers tell The Jacobsen that...

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Strong Demand from Mexico and China Lifts Soybean Exports

Strong Demand from Mexico and China Lifts Soybean Exports

Weekly soybean export sales for the 2020/21 marketing year of 292.5 thousand metric tons (TMT) were noticeably above last...

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Negative Price Pressure Building, Cow Hides Trade Lower

Negative Price Pressure Building, Cow Hides Trade Lower

Trading was lower on a number of cow selections today. Sources reported that bids for new sales continue to...

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Soybean Oil Drops Despite Limit-Up Move in May Contract

Soybean Oil Drops Despite Limit-Up Move in May Contract

Soybean Oil Drops Despite Limit-Up Move in May Contract

World vegetable oil futures were generally lower...

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Fats, Oils, & Fuels Webinar 4/27/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/27/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

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Persistent Research Needed to Develop Sustainable Hemp Production Systems

Persistent Research Needed to Develop Sustainable Hemp Production Systems

Today is Earth Day, and leaders of forty nations have gathered virtually for a US hosted climate summit. Biden has...

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Organic Soybean Meal Anti-Dumping Case Dates Reported

Organic Soybean Meal Anti-Dumping Case Dates Reported

 

Organic soybean meal prices are climbing. There are expectations that small volumes of organic soybean meal will continue to...

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09.06.2024

Signs of US economic downturn send ULSD prices to 3-year low

Signs of US economic downturn send ULSD prices to 3-year low

Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

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09.06.2024

US fat market slides on pressure from soybean oil, energy complex

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Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...

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09.06.2024

Sluggish trade volume keeps weekly animal protein prices flat

Sluggish trade volume keeps weekly animal protein prices flat

US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

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