Soybean export sales for the 2016/17 marketing year dropped 48% to 211 TMT and were 63% less than the prior 4-week average. New crop sales totaled 14 TMT, down 89% week over week and lifting combined season sales to 225 TMT. Combined sales were down 57% from last week and less than analyst expectations that ranged from 350 to 750 TMT. 2016/17 export commitments are 101% of the USDA forecast with 20 weeks to go. Current sales are 25% ahead of last…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...