01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
Weekly Export Sales
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…