Palm Oil Jumps to Record High Ahead of Long Holiday Weekend

Category: Vegetable Oil

Palm Oil Jumps to Record High Ahead of Long Holiday Weekend

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.

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Fats, Oils, & Fuels Webinar 5/4/21: Customer Q&A

Fats, Oils, & Fuels Webinar 5/4/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

Soybean Oil Prices Set New Highs Despite Bearish 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

Soybean Oil Drops Despite Limit-Up Move in May Contract

Soybean Oil Drops Despite Limit-Up Move in May Contract

World vegetable oil futures were generally lower...

Fats, Oils, & Fuels Webinar 4/27/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/27/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

Bullish Palm Oil Data Drives Another Rally in Veg Oils

Bullish Palm Oil Data Drives Another Rally in Veg Oils

Bullish Palm Oil Data Drives Another Rally in Veg Oils

Vegetable oil prices continued to surge...

Fats, Oils, & Fuels Webinar 4/20/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/20/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Agricultural and energy prices surged higher on...

Fats, Oils, & Fuels Webinar 4/13/21: Customer Q&A

Fats, Oils, & Fuels Webinar 4/13/21: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from...

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12.10.2024

September renewable diesel shipments to West Coast reach new high

September renewable diesel shipments to West Coast reach new high

September interregional shipments of biodiesel to the West Coast were down, while flows of renewable diesel (RD) to the region reached a six-month high, monthly data released on November...

12.10.2024

Gulf UCO prices continue to rise, Midwest fats remain ‘soft’

Gulf UCO prices continue to rise, Midwest fats remain ‘soft’

Prices for used cooking oil (UCO) delivered to the US Gulf Coast continued to climb on Tuesday December 10, even as markets softened in other regions.

Sizeable volumes...

12.10.2024

Bloodmeal prices rise with strong demand

Bloodmeal prices rise with strong demand

Ruminant bloodmeal traded higher late Monday and on Tuesday December 10, up to $1,200 per short ton FOB Missouri River.

The move comes due to increased demand and...

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