Soybean export sales for the 2017/18 marketing year were 1,275.2 TMT, down 27% from last week and 37% less than the prior 4-week average. There were no sales recorded for the 2018/19 new crop year, leaving combined season sales at 1,275.2 TMT, which was within analyst expectations that ranged from 1,000 to 1,800 TMT. Combined sales were down 27% week over week. 2017/18 export commitments are 43% of the USDA forecast with 46 weeks…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...