Soybean export sales for the 2016/17 marketing year dropped 3% to 471.6 TMT and were 15% less than the prior 4-week average. New crop sales totaled 225.8 TMT, lifting combined season sales to 697.4 TMT. Combined sales were up 35% from last week and exceeded analyst expectations that ranged from 400 to 600 TMT. 2016/17 export commitments are 96% of the USDA forecast with 25 weeks to go. Current sales are 23% ahead of last year’s pace. Major…
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...