US soybean oil sales, exports rebound in week to February 13, meeting expectations of sources

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US soybean oil sales, exports rebound in week to February 13, meeting expectations of sources

US soybean oil sales and exports rebounded in the week to February 13, in line with market sources' expectations. 

USDA figures released on Friday February 21 showed US domestic soybean oil shipments increased by 4% on the week to 40,000 tonnes, up from exports of 38,400 previously. Over the same time frame, US soybean oil sales were 19,400 tonnes compared with a net sales reduction of 2,800 tonnes in the week to February 6, a marketing-year low.

"Soybean oil exports are still being...

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US animal fats and oils prices steady as weaker RINs, energy markets weigh on sentiment

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The US animal fats and oils markets held mostly steady on Wednesday February 26 as sentiment softened amid expectations that prices may have little room left to move higher,...

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