05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Soybean export sales for the 2018/19 marketing year were 212.7 TMT, down 28% from last week and 72% below the prior 4-week average. New crop year sales totaled 1.0 TMT, lifting combined sales to 213.7 TMT. Combined sales were down 28% week over week and below analyst estimates that ranged from 300 to 800 TMT. 2018/19 export commitments are 38% of the USDA forecast with 45 weeks to go and need to average…