Soybean export sales for the 2019/20 marketing year of 344.9 thousand metric tons (TMT), were up 100 TMT from last week but 48 percent below the prior four-week average of 657.5 TMT. New crop sales totaled 500 MT, lifting total sales to 345.4 TMT. Combined crop year sales were up 13 percent from last week but below analyst estimates that ranged from 350 to 1,050 TMT. 2019/20 export commitments are 79 percent of the USDA forecast and need to average 544 TMT per week to meet expectations. Export sales are 15 percent below the 2018/19 crop year pace. Major purchases were reported for Spain, Bangladesh, and Egypt.
Soybean meal sales for the 2019/20 marketing year of 102.9 TMT were down 56 TMT from last week and 43 percent below the prior four-week average of 182 TMT. New crop sales totaled 15.5 TMT, lifting total sales to 120.6 TMT. Combined crop year sales were down 25 percent from last week’s report but…
01.03.2025
Imports of biodiesel, renewable diesel continued to slow during October
US Energy Information Administration (EIA) data released on Tuesday December 31 showed biodiesel and renewable diesel (RD) import volumes declined during October 2024. Biodiesel imports had fallen during five...
01.03.2025
Renderer BFT prices climb; CWG closes week lower
The US animal fats and oils markets closed the week largely stable on Friday January 3, with the exception of the choice white grease (CWG) and tallow markets.
01.03.2025
US meat meal production in November down year on year: USDA
US animal proteins prices on Friday January 3 were steady day on day.
November animal by-product production, stocks
In November, US production of feathermeal (FM) increased month on...