Soybean export sales for the 2016/17 marketing year increased 114% to 340.2 TMT but were 15% less than the prior 4-week average of 399.3 TMT. New crop sales totaled 314 TMT, up 42% week over week and lifting combined season sales to 654.2 TMT. Combined crop year sales were up 72% from last week and were within analyst expectations that ranged from 350 to 750 TMT. 2016/17 export commitments are 106% of the USDA forecast with 12 weeks to go. Current…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...