Soybean export sales for the 2016/17 marketing year rose 3% to 427.7 TMT but were 31% less than the prior 4-week average. There were no new crop sales, leaving combined season sales of 427.7 TMT. Combined sales were 36% less than last week’s sales and were within analyst expectations that ranged from 200 to 750 TMT. 2016/17 export commitments are 94% of the USDA forecast with 27 weeks to go. Current sales are 24% more than last year’s pace. Major…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...