Organic cracked corn imports continue to make their way into the US, despite a slowdown at US ports. The Jacobsen estimates that approximately 14K metric tons of organic cracked corn arrived at US shores in March. This was a decline of more than 40% year over year for March 2020. For the 5-months beginning October 2019 (the unofficial beginning of the 2019/2020 harvest season), organic cracked corn imports are down 35% year over year. All of the organic cracked corn that was…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...