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Author: Tore Alden

Palm Oil Jumps to Record High Ahead of Long Holiday Weekend

Tore Alden | 05.13.2021

Vegetable oil prices were higher on Wednesday as overnight gains in palm oil and a rally in soybean futures drove gains in soybean oil. However, prices rallied ahead of the United States Department of Agriculture's (USDA's) projections, and futures were unable to capture the pre-report highs following the release of the data.

Soybean Oil Prices Set New Highs Despite Bearish Data

Vegetable oil futures were mixed on Tuesday as reports suggesting Indonesian palm oil production could rise by more than...

Soybean Oil Drops Despite Limit-Up Move in May Contract

World vegetable oil futures were generally lower...

Bullish Palm Oil Data Drives Another Rally in Veg Oils

Vegetable oil prices continued to surge...

Inflation Fears and Technical Buying Drive Soy Oil Higher

Agricultural and energy prices surged higher on...

Weakness in Soybean Prices Drives Soybean Oil Lower

Vegetable oil prices were mixed on Wednesday as follow-through buying from Tuesday's bullish export and production data and strength...

Collapse in Soy Spreads Weighs on Nearby Soybean Oil Prices

Vegetable oil prices were mixed on...

Soybean Oil Rises to New Record on Gains in Soybean Market

Vegetable oil futures were mixed...

May Soybean Oil Contract Locked Limit-Up on Fund Spreading

Vegetable oil prices were sharply higher on...

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A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.

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The distillers’ corn oil (DCO) market was quiet in terms of reported volume, but sources said that it was “moving under 40” in reference to the FOB values for...

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USDA’s APHIS issues federal order concerning HPAI in lactating dairy cattle

Fastmarkets assessed

Membership required to view content. at $370-420 per short ton on Wednesday, widening downward from $380-420 per ton on Tuesday April 23.

And Fastmarkets’ price assessment for Membership...

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