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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04.24.2024

Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales

Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales

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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Seasonal maintenance slows US DCO production

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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

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Fastmarkets assessed

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at $370-420 per short ton on Wednesday, widening downward from $380-420 per ton on Tuesday April 23.

And Fastmarkets’ price assessment for
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