Soybean export sales for the 2017/18 marketing year were 1,104.8 TMT, down 5% from last week and 32% less than the prior 4-week average. Sales for the 2018/19 crop year totaled 72.1 TMT, lifting combined season sales to 1,176 TMT, which was within analyst expectations that ranged from 1,000 to 1,650 TMT. Combined sales were up 1.4% week over week. 2017/18 export commitments are 53% of the USDA forecast with 42 weeks to go….
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...