Soybean meal prices slipped on Tuesday despite signs of fresh demand for the crop from China. The U.S. Department of Agriculture said on Monday that private exporters had booked sales of 120,000 metric tons of soybeans for delivery to China during the 2015-16 crop year. Importers also shifted a sale of 233,832 metric tons of soybeans from unknown destinations to China during the current crop year. Hedge fund…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...