Soybean export sales for the 2017/18 marketing year were 152.7 TMT, up 14% from last week but 37% less than the prior 4-week average. Sales for the 2018/19 crop year totaled 1,148.6 TMT, lifting combined sales to 1,301.3 TMT. Combined sales were up 85% week over week and exceeded analyst estimates that ranged from 500-950 TMT. 2017/18 export commitments are 102% of the USDA forecast with 2 weeks to…
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...