Soybean export sales for the 2016/17 marketing year increased 20% to 381.4 TMT but was 12% less than the prior 4-week average of 435 TMT. New crop sales totaled 70 TMT, up noticeably week over week and lifting combined season sales to 451.4 TMT. Combined sales were up 36% from last week and within analyst expectations that ranged from 250 to 550 TMT. 2016/17 export commitments are 102% of the USDA forecast with 17 weeks to go. Current sales are…
01.23.2025
Chicago animal fats and oils market trades higher on strong demand, tight supply
Four cars of packer-grade bleachable fancy tallow (BFT) traded at 49 cents per lb Chicago on Thursday January 23, while four cars of choice white grease (CWG) traded at...
01.23.2025
Winter weather impacts poultry production; December cattle, hog slaughter under prior year
Sources continued to report limited trade for US animal proteins on Thursday January 23, leaving most prices flat day on day.
The only product under negative price pressure...
01.23.2025
Brazil’s tallow export prices climb, domestic bid-offer gap widens
Prices for exported Brazilian tallow rose by $20 per tonne in the week to Thursday January 23, as stronger demand from US importers led suppliers to prefer export sales...