Soybean export sales for the 2016/17 marketing year fell 54% to 413.5 TMT and were 36% less than the prior 4-week average. New crop sales came in as at 256.5 TMT, up 24% from last week, bringing combined sales to 690 TMT. Combined sales were 39% lower week over week and were within analyst expectations that ranged from 650 to 1,150 TMT. 2016/17 export commitments are 94% of the USDA forecast with 28 weeks to go. Current sales are 26% more than…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...