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Tag: soybean oil
Global Markets: Oilseeds – U.S. Soybean Oil Premiums Rise as Prices Follow Energy Higher Jun 21, 2022
Premiums for U.S. soybean oil vis-à-vis South American, as measured by export quotes, have risen to near $150/ton. This is up from $20/ton observed in early April. While the increase […]
Ag Trade: Edible Oil Prices Volatile; Fertilizer Prices Fall Slightly Apr 26, 2022
Reuters writers Naveen Thukral and Mei Mei Chu reported today that, “Global vegetable oil prices climbed on Monday to trade near multi-year highs, as Indonesia’s decision to ban palm oil exports heightened concerns […]
Ag Trade: Indonesia Bans Palm Oil Exports – Soybean Oil Surges Apr 25, 2022
Reuters writer Nigel Hunt reported yesterday that, “Soybean oil prices soared to a record high on Friday as Indonesia’s decision to effectively ban exports of palm oil heightened concerns about already depleted global supplies of alternative […]
Soybean Oil Domestic Use Expected to Grow with Renewable Diesel Demand Dec 15, 2021
In its monthly Oil Crops Outlook report this week, the USDA’s Economic Research Service (ERS) indicated that, “U.S. processors crushed a record 197 million bushels of soybeans in October, nearly 0.5 million bushels […]
Global Markets: Oilseed – U.S. Soybean Oil Premiums Evaporate on Lower Demand Oct 15, 2021
U.S. soybean oil prices at the Gulf peaked at nearly $500/ton above South American port quotes in mid- June but fell precipitously in July and August. However, premiums have risen […]
USDA: Private Exporters Report Sales Activity for Unknown Destinations Nov 18, 2020
Private exporters reported to the U.S. Department of Agriculture export sales of 140,000 metric tons of corn for delivery to unknown destinations during the 2020/2021 marketing year. The marketing year for corn […]
5 Ag Commodities Show Bullish Resilience Amid Pandemic – DTN Aug 11, 2020
As we navigate the first week of August, it is no surprise that 2020 has been cruel to commodity prices in general and to grains, in particular. Coming at a […]
Palm Oil Market Up — But Will That Matter With Soybeans? – DTN Nov 22, 2019
Producers of agricultural commodities like it when prices go up. Therefore, there must be some happy producers halfway across the globe in Indonesia and Malaysia, where most of the world’s […]
Global Markets: Oilseeds – Stocks Shrink as China’s Veg Oil Complex Changes Nov 8, 2019
China is the world’s leading consumer of vegetable oil and the second-largest producer after Indonesia. Amidst import challenges, production shifts, and shrinking stocks, the vegetable oil complex in China is […]
Soy Oil: Better Fundamentals After Many Weak Years – DTN Oct 4, 2019
In the soy complex, 2012 marked a watershed moment for soybeans’ two products, meal and bean oil. The drought of 2012 took December soybean meal prices up over 70% at […]
