Soybean export sales for the 2016/17 marketing year jumped 66% to 890 TMT and were 33% more than the prior 4-week average. New crop sales came in as at 207.4 TMT, up 78.1 TMT from last week, bringing combined sales to 1,097.4 TMT. Combined sales were 65% higher week over week and exceeded analyst expectations that ranged from 450 to 800 TMT. 2016/17 export commitments are 93% of the USDA forecast with 29 weeks to go. Current sales are 25% more…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...