Soybean export sales for the 2016/17 marketing year rebounded this week, rising from a marketing year low -400.3 TMT to 123.2 and were 49% above the prior 4-week average of 82.8 TMT. New crop sales were down 22% but remained strong at 1,559.1 TMT. Combined season sales of 1,682.3 TMT were up 5% from last week and exceeded analyst expectations that ranged from 650 to 1,500 TMT. 2016/17 export commitments are 104% of the USDA forecast…
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...