Weekly Recap
Soybean futures kept their weekly streak alive, closing higher for a fifth consecutive week. They have closed higher for ten of the past eleven weeks. The July futures contract closed at 10.65, adding 30¼ cents per bushel, revving the engine back to the 30+ cent increase level seen recently prior to last week’s pause. Soybeans…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...