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A Tridge monthly outlook reports stable peanut prices, neutral almond estimates and falling walnut prices on favorable conditions. Hazelnut production is estimated at 1.29 million tonnes for 2023/24, up 5%.
Palm oil ended May at $927.5 per tonne with a bearish bias, and rapeseed oil and sunflower oil also softened.
Mostly nut-focused commentary with limited relevance to feed ingredients. Bearish palm, rapeseed and sunflower oil trends modestly weigh on vegetable oil meal and fat alternatives.
tridge.comVictor LangatJun 1, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
