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…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...