Vegetable Oil Price Rally Stalls Ahead of Key Reports

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Vegetable Oil Price Rally Stalls Ahead of Key Reports

Profit-taking drove vegetable oil prices lower on Friday, but the declines were modest in relation to the sharp moves higher this week. For the week, soybean oil prices gained more than five percent, and palm oil futures rose more than 5 1/2 percent. Energy prices dropped sharply on growing concerns about the economic impact of the reacceleration in coronavirus cases in the United States and Europe.

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Leveraging Resources for Industry Development

Leveraging Resources for Industry Development

Hemp has begun tapping into national, regional, and state agricultural resources that ultimately will help shape the course of...

Glycerin Prices Pause, Expected to Continue Higher

Glycerin Prices Pause, Expected to Continue Higher

The crude and refined markets both appeared to bottom recently during the pandemic. Export values for both products...

Leather Demand Driving Hide Prices Higher

Leather Demand Driving Hide Prices Higher

The US hide prices continue to increase with strong leather demand driving the rally. Today, the light-weight heavy native...

LCFS Credit Volume Falls to 25-Week Low

LCFS Credit Volume Falls to 25-Week Low

Weekly LCFS credit volume of 52,297 was 86 percent below the average weekly credit volume for the year and...

Organic Soybean Imports Rise More than Expected

Organic Soybean Imports Rise More than Expected

Organic soybean prices remain steady as imports rose more than expected in September according to the most recent data...

The Big Winner: Cannabis

The Big Winner: Cannabis

By now, readers may have discovered the biggest winner in yesterday’s elections: cannabis.  Every ballot initiative in the US succeeded...

DCO Prices Steady, Production Increases

DCO Prices Steady, Production Increases

Chicago choice white grease prices are up on six cars that traded higher through the Chicago market today. Truck...

Refiners Put Renewable Sector on Notice with Renewable Diesel

Refiners Put Renewable Sector on Notice with Renewable Diesel

The reduction in refined product demand continued to weigh heavily on crude oil and refined products market during the...

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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.

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...

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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