Tight Stocks and Flooding Drive Palm Oil Prices Higher

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Tight Stocks and Flooding Drive Palm Oil Prices Higher

Tore Alden | 01.06.2021

Vegetable oil prices continued to rally on Wednesday, but once again, palm oil outperformed, driving the spread between the March soybean oil and palm oil contracts back down to parity. The Jacobsen believes the spread could fall to a two-cent premium for palm oil ahead of first notice day for the soybean oil contract. Argentine port workers' recent strike supported soybean oil prices and limited the two markets' diverging fundamentals. The strike's resolution has lef...

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US Retail Shoe Sales Increase

US Retail Shoe Sales Increase

Federal Reserve Economic Data (FRED) reported October 2020 US retail shoe sales data at an increase of $86 million...

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NY Renews Legislation for a Statewide LCFS

NY Renews Legislation for a Statewide LCFS

New York is hoping that the third time is a charm for the State’s desire to implement a Low...

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How to Hedge Organic Grains Using The Jacobsen

How to Hedge Organic Grains Using The Jacobsen

Beginning in 2021, for the first time, commercial entities that wanted to hedge or trade organic corn or organic...

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Fats, Oils, & Fuels Webinar 1/5/21: Customer Q&A

Fats, Oils, & Fuels Webinar 1/5/21: 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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Hemp to Issue a Reverberant Holler in the Roaring Twenties

Hemp to Issue a Reverberant Holler in the Roaring Twenties

Hemp Bulletin readers will likely be happy enough to leave 2020 behind.  Others are indifferent, seeing January 1 as...

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Grain and Feed Futures Post Impressive Gains in 2020

Grain and Feed Futures Post Impressive Gains in 2020

Another day, another rally in corn futures, which traded higher in 14 consecutive days to end the year. Concerns...

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Soybean Oil Futures End the Year Up 72% from Pandemic Low

Soybean Oil Futures End the Year Up 72% from Pandemic Low

Soybean Oil Futures End the Year Up 72% from Pandemic Low

Gains in oilseed prices continued...

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Strong Auto Sales Boost Hide Prices

Strong Auto Sales Boost Hide Prices

Hide prices were limited in movement today, with the exception of Heavy Native Steers (HNS) trading at $43...

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01.22.2021

Fund Selling in Ag Markets Drives Soybean Oil Sharply Lower

Fund Selling in Ag Markets Drives Soybean Oil Sharply Lower

Fund Selling in Ag Markets Drives Soybean Oil Sharply Lower

Soybean oil futures were battered on Friday, as speculative liquidation of soybean futures hit a fever...

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01.22.2021

Organic Corn Prices Edge Higher

Organic Corn Prices Edge Higher

Organic corn prices in Europe are edging higher. Organic corn prices in Romania are up to 275-Euro per metric ton. If you can find them out of Ukraine, organic...

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01.22.2021

US Steer Hide Prices Drop, Cow Prices Rise

US Steer Hide Prices Drop, Cow Prices Rise

The US hide market closed the week trading slightly lower than the previous with a number of steer hide prices under pressure. However, cow hides are in demand due...

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14 Jan

Join us at our first virtual Hemp Conference looking at Hemp Fiber, Flower and CBD - https://thejacobsen.com/events/hemp-conference #hemp #cbd #cbg #industrialhemp

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14 Jan

Now you can hedge organic corn, wheat, soybean etc. https://thejacobsen.com/consulting/hedging-commodities/ #organic #corn #soybeans #wheat #grains

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