Vegetable Oil Prices Mixed Despite Crude Rally

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Vegetable Oil Prices Mixed Despite Crude Rally

Tore Alden | 07.21.2020

Vegetable oil prices were mixed as a rally in crude oil prices supported soybean oil values, while profit-taking in the palm oil market left futures lower. Crude oil prices rallied sharply following the announcement of an agreement between members of the European Union on a fiscal package to aid the economic recovery from the pandemic. However, futures sold off from the intraday highs late in the morning, which pressu...

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Hemp Flower Markets

Hemp Flower Markets

Hemp flower markets are following The Jacobsen’s forecasted trend, gaining consistently over the period since our June forecast...

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Outstanding Cured Hide and Wet Blue Export by Countries

Outstanding Cured Hide and Wet Blue Export by Countries

The total outstanding cured hide and wet blue export sales by selected countries through July 18. Through Week 29,...

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Organic Soybean Meal Seasonality Points to Lower Prices

Organic Soybean Meal Seasonality Points to Lower Prices

 

Organic soybean meal prices are continuing to bifurcate, with domestic meal remaining close to $800 per short-ton while imported...

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Corn and Wheat Export Sales Power Higher

Corn and Wheat Export Sales Power Higher

 

Weekly Export Sales 

Soybean export sales for the 2019/20 marketing year of 313 thousand metric tons (TMT), were...

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Vegetable Oil Forecast 7/16/20: Customer Q&A

Vegetable Oil Forecast 7/16/20: Customer Q&A

Video shorts from the Vegetable Oil Webinar Report Our team of Senior Analysts break down questions from the live...

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Bullish Fundamentals and Cash Prices Drive Futures Higher

Bullish Fundamentals and Cash Prices Drive Futures Higher

Vegetable oil prices continued to rally as strength in crude and an improvement in short-term fundamental data...

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IP Protection in Hemp

IP Protection in Hemp

The emergence of a new industry depends on vital Intellectual Property (IP) development, particularly with hemp, in all...

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Organic Standards Could be Tightening

Organic Standards Could be Tightening

There were a couple of pieces of interesting news on the organic front on both regulation and import-export. On...

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

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12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

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12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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