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…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...