Weekly Export Sales
Soybean export sales fell by 45%, week over week, and were 33.5% below their prior four-week average. Despite the drop, sales of 496.8 TMT were in line with analyst expectations that ranged from 200 to 600 TMT. Old crop sales came in at 489.7 TMT and pushed total commitments up to 94.3% with 30 weeks to go. New crop sales were 7.1 TMT. Soybean…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...