May Soybean futures moved lower for the fourth consecutive week, falling 7 cents per bushel. Friday’s trading activity tipped the scales lower for the week as prices dropped fractionally more then 7 cents per bushel. Soybean export sales rocketed higher, more than doubling as they moved from 347 TMT to 726 TMT. Soybean export commitments are 100% of forecast with 23 weeks to go, which is well above the five-year…
11.18.2024
EIA reduces US biomass-based diesel consumption forecast for 2024, 2025
The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...
11.18.2024
UCO prices rise to start week; December cattle slaughter expected to decline
Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...
11.18.2024
Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand
US animal proteins were steady to higher on Monday November 18.
Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...