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Blog

Vegetable Oil Futures Extend Midweek Gains on Buying, Spreading

Alexandra Watts | 05.25.2023

**Please note — No bulletin/price guide will be published on Monday, May 29 in observance of the Memorial Day holiday**
Benchmark palm oil and soybean oil futures extended higher on Thursday, with additional buying driven by a weaker ringgit versus the U.S. dollar, as well as early strength in the wider energy markets. Forecasts for warm and dry conditions in parts of the eastern Corn Belt into next week were also supportive for U.S. bean oil prices today. On the...

Animal Proteins – International 25.5.23

Large price adjustments were not observed on international animal proteins this week, though slight range adjustments were indicated from...

Industrial Hemp Innovation Continues

Figures from the latest USDA NASS National Hemp Report show a downward trend in both acreage and market size...

Average Weekly LCFS Credit Price Steady at $80

Weekly LCFS Credit Volume Hits 25-Week Low

Weekly LCFS credit volume hit a 25-week low last week, but...

DCO Production Tightens Amidst Strong Demand

Trading was mostly quiet today with many in the market seemingly well covered ahead of the holiday break. Buyers...

Values Wide Ranging at Mid-Week Ahead of Long Weekend

Summer Friday Publication Hours in Effect This Friday— Trade Reporting Deadline 11 p.m. CST

The Jacobsen will be implementing summer Friday...

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Ethanol Production Drops Under 1 Million bpd for Fifth Week

**No Bulletin/Price Guide Published on Monday, May 29 in observance of the Memorial Day holiday.**

Market Update

Wheat midds, on Minn...

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Consumers Wear Down Their Vehicles Despite High Costs For New Cars

Hide bidding activity was slow midweek in comparison to the week prior. Of the bids received, steer hides were...

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LA Canola Oil Cash Basis Bumps Up after Soy Oil Tumbles

Cash basis on canola oil edged up last week, as soybean oil futures collapsed to multi-year lows below 48...

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Blog

Vegetable Oil Futures Extend Midweek Gains on Buying, Spreading

Weekly LCFS Credit Volume Hits 25-Week Low

Market Update

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