Weekly Export Sales
Soybean export sales climbed 9% for the old crop season and 1% for the combined marketing seasons. At 499.5 TMT, old crop sales were within market expectations that ranged from 200-600 TMT; they were also 9% less than the prior four-week average. Total export commitments are 98% of USDA forecast with 26 weeks to go. Leading purchasers were China, Mexico,…
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...