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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12.24.2024

Animal fats, oils markets quiet amid Christmas holiday

Animal fats, oils markets quiet amid Christmas holiday

The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.

Market sources expected activity to remain subdued...

12.24.2024

US November broiler, turkey slaughter down year on year

US November broiler, turkey slaughter down year on year

US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...

12.24.2024

US weekly soybean, wheat export inspections rise, corn falls

US weekly soybean, wheat export inspections rise, corn falls

Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...

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