Soybean export sales for the 2017/18 marketing year were 2,338.1 TMT and 81% more than the prior 4-week average. There were no sales recorded for the 2018/19 new crop year, leaving combined season sales at 2,338.1 TMT, which exceeded analyst expectations that ranged from 1,000 to 1,600 TMT. 2017/18 export commitments are 32% of the USDA forecast with 50 week to go. Current sales are 21% behind last year’s pace. Major purchases were…
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...