Soybean export sales for the 2016/17 marketing year fell 74% to 159.1 TMT and were 65% less than the prior 4-week average of 454.9 TMT. New crop sales totaled 221.8 TMT, up noticeably week over week and lifting combined season sales to 380.9 TMT. Combined crop year sales were down 39% from last week and below analyst expectations that ranged from 500 to 900 TMT. 2016/17 export commitments are 105% of the USDA forecast with 13 weeks to go. Current…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...