Palm oil prices maintain strength, premium to soybean oil

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Palm oil prices maintain strength, premium to soybean oil

Palm oil futures on the Bursa Malaysia Exchange rose sharply ahead of the weekend, amid a wave of fresh buying sparked by strength in competing vegetable oils that helped boost the benchmark contract to a six-month high.

The benchmark December palm oil contract closed the Friday October 4 session at 4,300 Malaysian ringgit ($1,019) per tonne, up by 118 ringgit per tonne, or 2.8%, from a close of 4,182 ringgit per tonne on Thursday.

Palm oil futures were also swept higher on...

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Animal fats and oils mostly steady; DCO edges higher

Animal fats and oils mostly steady; DCO edges higher

Trading in the animal fats and oils market was sluggish on Thursday October 3, driven by a prevailing bearish...

US animal proteins remain under price pressure, market unease on third day of port strike

US animal proteins remain under price pressure, market unease on third day of port strike

US animal protein prices were steady on Thursday October 3, but market sources reported underlying pressure and an overall...

European animal fats demand low; exporters looking to sell to US

European animal fats demand low; exporters looking to sell to US

Used cooking oil (UCO) traded at €920-945 per tonne on the ex-works Netherlands basis, sources told Fastmarkets, a touch...

US corn, wheat export sales jump week on week, above expectations

US corn, wheat export sales jump week on week, above expectations

Corn
US corn sales for 2024/25 were reported at 1.68 million tonnes in the week to September 26, up...

Steamship lines add surcharge to US hide shipments; USDA reports 53% increase in global wet blue sales

Steamship lines add surcharge to US hide shipments; USDA reports 53% increase in global wet blue sales

Several US hide sellers reported that demand from Chinese tanners was moderate for a holiday week, but price changes...

Growing opposition to EUDR improves confidence in global hide trade: sources

Growing opposition to EUDR improves confidence in global hide trade: sources

Brazil
Hide market participants were more optimistic given the larger global push to delay the implementation of the European...

Chicago soybean oil futures extend gains amid ongoing rally by crude oil

Chicago soybean oil futures extend gains amid ongoing rally by crude oil

The US soybean oil futures markets in Chicago continued to move higher on Thursday October 3, tracking another session...

International animal proteins mixed for week to October 2, 2024

International animal proteins mixed for week to October 2, 2024

Prices in the international animal proteins market were mixed in the week to Thursday October 2.

Fastmarkets assessed...

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Sausage casings bulletin, May 2, 2025

Sausage casings bulletin, May 2, 2025

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Sausage casings bulletin, April 11, 2025

Sausage casings bulletin, April 11, 2025

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