New USDA Monthly WASDE Report Released

New USDA Monthly WASDE Report Released

USDA released their monthly WASDE report. Estimated soybean crushing for the 2014/15 crop year was boosted by 15 million bushels to 1.83 billion, exports were increased by 15 million bushels to 1.825 b, and ending stocks were decreased by 75 million bushels to 255. For the upcoming 2015/16 season, crushing activity was increased by 10 million bushels, pushing it to 1.84 billion and ending stocks were reduced by 50 million to 425 million bushels. For soybean oil, use of soybean oil by the biodiesel industry was increased by 100 million pounds to 5 billion pounds for the 2014/15 season. Biodiesel use of soybean oil was also increased by another 100 million pounds in the 2015/16 season to 5.1 billion pounds.

Blog

01.24.2025

Renderer BFT trades higher to close out the week

Renderer BFT trades higher to close out the week

Renderer grade bleachable fancy tallow (BFT) traded up to 50 cents per lb Chicago on Friday January 24 in a five-car trade.

Prices into the Gulf were higher as well,...

01.24.2025

US animal protein market steady ahead of IPPE

US animal protein market steady ahead of IPPE

The US animal protein market was quiet on Friday January 24, with most buyers and sellers saying that they were taking a trading pause ahead of the International Production...

01.24.2025

Sausage casings bulletin, January 24, 2025

Sausage casings bulletin, January 24, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is...

Latest Tweets