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…
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...