Soybean export sales for the 2016/17 marketing year increased 33% to 472.7 TMT and were 1% more than the prior 4-week average of 478.7 TMT. New crop sales totaled 6 TMT, down 86% week over week and lifting combined season sales to 396.8 TMT. Combined crop year sales were up 21% from last week and within analyst expectations that ranged from 300 to 650 TMT. 2016/17 export commitments are 104% of the USDA forecast with 15 weeks to go. Current sales…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...