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Blog

Vegetable Oil Futures Sink to Open New Week

Alexandra Watts | 09.18.2023

Cash vegetable oil markets were quiet to open the new week. Crude corn oil indications in the Midwest were steady in the low to mid-60s. Canola oil basis in Los Angeles was also unchanged at 19 cents but outright prices declined just about 100 basis points per pound alongside a sell-off in soybean oil futures in Chicago.

Technical selling and profit-taking by funds in the wake of the fall harvest season pressured U.S. bean oil markets....

Organic Soybean Meal Tests Current Floor

Organic soybean meal prices are attempting to find a bottom. Prices are now...

Weekly Hemp Recap

Last Week’s Hemp Commentary

Hempseed Feed...

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Soybean Oil Stocks Fall to 71-Month Low, Crush Reaches 11-Month Low

The National Oilseed Processors Association (NOPA) reported the August soybean crush at 161.453 million bushels, 6.8 percent below the...

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Animal Fat Market Continues to Trend Higher

The market was very quiet today with the only action coming from a bid to buy four cars of...

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2023/’24 GCAU’s Push Lower From Prior Forecasts

Diminished trade along with market unease led to a generally flat market tone for the week. Most adjustments were...

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Sausage Casings Bulletin Sep15th, 2023

*Please note,

As a result of changes in trading patterns, Fastmarkets The Jacobsen proposed to change the price assessment methodology and pricing for...

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U.S. Temperature Outlook Remains Above Prior Year Average

Limited price adjustments on grain and feed items were reported this week with most participants trading steady or sitting...

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Hide Shipments to Auto Tanners Delayed Due to Strike

Please Note

New Friday Publication Hours in Effect — Trade Reporting Deadline 1 p.m. CST Next Friday

The Jacobsen will...

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Blog

Vegetable Oil Futures Sink to Open New Week

Please Note

New Friday Publication Hours in Effect — Trade Reporting Deadline 1 p.m. CST Next Friday

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