Soybean export sales for the 2016/17 marketing year fell 61% to 318.5 TMT and were 33% less than the prior 4-week average of 475.9 TMT. New crop sales totaled 12.8 TMT, down 82% week over week and lifting combined season sales to 331.3 TMT. Combined sales were down 62% from last week and less than analyst expectations that ranged from 350 to 1,000 TMT. 2016/17 export commitments are 103% of the USDA forecast with 18 weeks to go. Current sales are…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...