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

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

Tore Alden | 12.31.2020

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

Gains in oilseed prices continued to drive vegetable oil markets higher on the last trading day of 2020. Soybean oil prices posted substantial gains, but the palm oil market was mixed as bull spreading weighed on the curve's back end. For the year, soybean oil prices gained 22 percent but rose almost 72 percent from the March low of 24.68 cents. Palm oil futures added 18 percent for the year...

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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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A Decline in Chinese Prices Weighs on Vegetable Oils

A Decline in Chinese Prices Weighs on Vegetable Oils

=Vegetable oil futures were lower following the long holiday weekend. Weakness in the Dalian market triggered profit-taking in palm...

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Marketing Year Low For Weekly Corn & Soybean Exports

Marketing Year Low For Weekly Corn & Soybean Exports

Weekly soybean export sales for the 2020/21 marketing year of 352.8 thousand metric tons (TMT), a marketing year low,...

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Organic Meat Alternatives Sales are Rising

Organic Meat Alternatives Sales are Rising

Organic alternative meat demand is rising according to The Jacobsen. For the 12-months ending in November Organic meat alternatives...

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Optimism

Optimism

There is much to be optimistic about in hemp markets and hemp prices in 2021, and throughout the...

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Hide Prices Trade Sideways

Hide Prices Trade Sideways

Hide prices traded sideways today, as the holiday week has been relatively quiet throughout the marketplace. Mid and low-end...

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Reduced Cottonseed Supply Sends Cottonseed Oil Values Higher

Reduced Cottonseed Supply Sends Cottonseed Oil Values Higher

Cottonseed oil prices are rising to multi-year highs.  A global move in vegetable oil pricing due to increased demand and...

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Ongoing Innovation in Hemp Requires Collaboration

Ongoing Innovation in Hemp Requires Collaboration

We are developing an agenda for our February 11 virtual conference, with considerable input from you, our readers.  Without conferences and...

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10.17.2024

US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables

US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables

The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.

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10.17.2024

US fats and oils markets quiet amid industry event; DCO production up

US fats and oils markets quiet amid industry event; DCO production up

The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.

The...

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10.17.2024

US animal proteins market steady on October 17

US animal proteins market steady on October 17

US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.

September USDA Feed Outlook
Grain consuming animal units (GCAUs)...

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