Vegetable Fats & Oils

Vegetable Fats & Oils

 

USDA  – Crush down 7%, meal production down 7%, oil production down 6%

USDA crush statistics show 4,036,896 tons of soybeans were crushed in September, which is 6% more than than the NOPA crush figures indicated. The NOPA crush statistics were released in Mid October and generally represent about 95% of the market.   

Soybeans crushed in September were down 7% from the amount crushed in August and 14% less than what was crushed in July. Crude…

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

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

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

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...

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