2014/15 Soybean Crushing Activity

2014/15 Soybean Crushing Activity

Crushing activity was increased by 15 million bushels to 1.845 billion bushels. Increased crushing activity pushed soybean oil production 150 million pounds higher.This trickled through the balance sheet resulting in 2014/15 ending stocks increasing by 125 million pounds.

The 2015/16 marketing year started with the 125-million-pound increase, adding an additional 230 million pounds of 2015/16 production. This  translated to 2015/16 ending stocks increasing by 280 million pounds. 2015/16 ending stocks are projected to blossom to 1.82 billion pounds.

 

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06.24.2024

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Glycerin prices held steady on Monday June 24, with producers and traders reporting little change to begin the week.

Crude glycerin traders were quoting the market in the...

06.24.2024

Cattle slaughter continues to lag 2022, 2023 levels

Cattle slaughter continues to lag 2022, 2023 levels

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two cars of edible tallow traded up to 56 cents per...

06.24.2024

Hog slaughter slightly higher into July; May cattle placed on feed higher

Hog slaughter slightly higher into July; May cattle placed on feed higher

The US domestic protein market was quiet on Monday June 24, with no price changes reported.

US hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.38 million...

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