Weekly Export Sales
Soybean export sales moved higher for the first time in three weeks. Sales increased 107% as old crop sales moved back into positive territory and new crop sales increased 58%. Total sales of 242.5 TMT were within analyst expectations that ranged from 100 to 450 TMT. Old crop sales of 41.4 TMT were 59% less than the prior 4-week average. Export…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...