Bullish Palm Oil Data Drives Another Rally in Veg Oils

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Bullish Palm Oil Data Drives Another Rally in Veg Oils

Tore Alden | 04.21.2021

Bullish Palm Oil Data Drives Another Rally in Veg Oils

Vegetable oil prices continued to surge higher on Wednesday as rising concerns about U.S. planting and dryness in the Canadian Prairies drove buying across the oilseed complex. The rally pushed the benchmark soybean oil contract to a new life-of-contract high and left the benchmark palm oil contract just below its life-of-contract high. Bullish palm oil production data also contributed to buy, as did strength in vegetable oil futures on the Dalian...

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March Home Starts Reach Record High

March Home Starts Reach Record High

Hide prices traded sideways mid-week, with no changes to previous day price levels. Sellers received bids a few dollars...

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Fats, Oils, & Fuels Webinar 4/20/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/20/21: 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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Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Agricultural and energy prices surged higher on...

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Apparel & Leather Goods Supply Chain Complications Persist

Apparel & Leather Goods Supply Chain Complications Persist

The Federal Reserve Economic Data (FRED) for the US industrial production index for apparel and leather goods was 62.6...

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Disease Resistant Hemp Requires Research and Time

Disease Resistant Hemp Requires Research and Time

Cannabis selection has occured over thousands of years, for the intoxicating resin or fibrous characteristics.  Selection was retarded in much...

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Early Crop Planting Progress Ahead of Schedule

Early Crop Planting Progress Ahead of Schedule

 

Soil Moisture an Issue Across much of The Great Plains States

Spring planting is accelerating.  Corn growing states have...

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Organic Turkey Slaughter Trends Higher

Organic Turkey Slaughter Trends Higher

The organic wheat market seems buoyed, but activity is light. Prices in Pennsylvania have increased above organic corn and...

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Fats, Oils, & Fuels Webinar 4/13/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/13/21: 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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07.16.2021

Vegetable Oil Futures Prices Extend Higher Before Weekend

Vegetable Oil Futures Prices Extend Higher Before Weekend

Vegetable Oil Futures Prices Extend Higher Before Weekend    

Vegetable oil prices extended higher on Friday, with U.S. soybean oil futures up again on bean oil/meal spreading as well as...

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06.23.2021

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Vegetable oil prices were higher on Wednesday, with overnight gains in palm oil futures driven by bargain buying supporting...

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06.04.2021

What’s Ahead in the FOG Markets?

What’s Ahead in the FOG Markets?

Rising Tide – What’s Ahead in the FOG Markets Ryan Standard, Fastmarkets / The Jacobsen The following video is a capture from The Jacobsen Fuels & Feedstocks Virtual Conference...

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