Bulk Edible Oil Blog

Euro Strengthens Over 2017 Further Affecting Olive Oil Prices

Posted by Hannah Broaddus

When it comes to the constant market fluctuations of bulk olive oil, global production (aka, how much olive oil is available in the world) plays a central part. However, there’s one more important thing to factor in: the strength of the euro.

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My Comments: USDA 2017/18 Olive Oil Harvest Report

Posted by Hannah Broaddus

The USDA recently released a report on oilseeds and production, which included a small feature on expectations of the upcoming 2017/2018 olive oil harvest.

Today, I'd like to go through their report, piece by piece, and add some commentary in that will be helpful to fully understand what they are saying and how it may affect your 2018 bulk olive oil buying plans.

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Olive Oil Market Update - 2016/17 Harvest In Review

Posted by Hannah Broaddus

Everyone’s been feeling the pressure on the olive oil market this year. It’s been a really tough market in 2017, with a delay in the olive harvest that pushed oil production out far later than usual, and was coupled with high and ever-rising prices throughout the spring.

Today, I’d like to do a brief review as we prep for next year’s harvest to begin in the coming months. First, I’m going to cover some numbers and percentages that we saw this last year across the globe. Then we’ll finish up with some personal insight on this market as we look forward towards next year.

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The Timing Is Right For Your 2018 Non-GMO Canola Contract

Posted by Hannah Broaddus

Timing of contracts can be key, and most people at this point know that I’m a proponent of contracting your oil needs out each year.

This is your official notice that if you’re thinking about locking in a contract for your 2018 canola needs — be it RBD canola, non-GMO expeller pressed canola or organic canola oil, this fall is a great time. In fact, it’s one of the most common time to sign seed oil contracts. Why? Let me explain.

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Soybean/Canola CBOT Market Overview (25 Year Comparison)

Posted by Hannah Broaddus

Staying on top of the CBOT market on a regular basis can be a daunting task for those that don’t have to do it as a daily part of their job.

As the soybean market changes, it affects the price of soybean oil, canola oil and other oils that are dependent on the soybean board. Fluctuations on a daily or weekly basis can make a significant impact on your bottom line.

Having a bit of perspective as you’re tracking your prices as they go up or down can be very helpful. That’s what I’m providing today: a bit of perspective over time.

The following are graphs from the last year, 5 years, 10 years, 15 years, 20 years, 25 years and 30 years

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Pool Red: The CBOT For Olive Oil

Posted by Hannah Broaddus

If you buy commodity oils, sometimes understanding the pricing and how it is structured is a sigh of relief. It’s based off the CBOT, which is public information you can check to understand how your costs are changing and why.

The olive oil market historically hasn’t been so easy. That’s because it’s not really a commodity oil, but in the bulk world it often works as such.

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Why Contracting May Be More Expensive Than The Bulk Oil Spot Market

Posted by Hannah Broaddus

Most people assume that to save the most money on their bulk oil ingredients, that they should be contracting their oil at an ideal time. The answer is, as always, more complex than that. Chances are that if you are booking canola or soy (or an oil that is based off those markets) that a year-long contracted price may be more expensive than the current spot market.

And just why is this? We’d like to walk you through some of the reasoning behind this — it all has to do with the CBOT, and how future bookings work.

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Olive Oil Commodity Market Update For The 2016/17 Harvest

Posted by Hannah Broaddus

Looking for an update on the olive oil harvest that’s happening this winter?

Whether you’re preparing to book olive oil contracts for the next year, looking at price predictions or wondering where the olive oil market is going to go in the near future, this update is for you.


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An Olive Oil Market Update For Contract Planning In 2017

Posted by Hannah Broaddus

This article will be an update on the olive oil market, as you may have contracts that you are considering locking in for 2017.  This will be most pertinant to any buyers who contract their olive oil throughout the year (and in turn use the volumes that allows them to do so).

The timeframe that you will officially secure these contracts is often dependent on the status of the olive oil market, so it’s helpful to keep up-to-date throughout November and December as you are doing your planning and booking.

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Is There A Shortage Of Organic Oil Ingredients?

Posted by Hannah Broaddus

It’s no surprise to hear that organic products are in high demand. So it only goes to say that organic ingredients that make up those products are in high demand too.

But can the supply keep up with this growing demand?

These big questions related to the organic supply chain are front-of-mind for many natural food manufacturers like you: Can your growing demand for organic ingredients be met? Can the supply chain keep up? And will you run into any ingredient shortages?

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