January Soybean futures continued their alternating pattern of movement by dropping 4.3%, or 45 cents per bushel over the past week. There were no up days; all activity in the futures market was lower. Exports sales, week over week were steady but 26% below their prior four-week average. Total commitments for the season are 88% of the USDA forecast. Favorable growing conditions in South America continue…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...