The estimated crush margin fell another 3%, dropping 6 cents per bushel as the margin narrowed for the fourth consecutive week. The entire soybean complex moved lower this week. However, the value received from oil and meal sales fell at a more rapid pace then the decreasing price paid for soybeans. The value received from oil and meal sales, per bushel of soybean crushed, fell by 34 cents, while the price paid for a…
12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...