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…
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...