Soybean export sales for the 2019/20 marketing year of 952.2 thousand metric tons (TMT), were 710.5 TMT above last week’s total and 60 percent over the four-week average of 596 TMT. New crop sales totaled 382.1 TMT, lifting total sales to 1,334.3 TMT. Combined crop year sales were 23 percent over last week’s but within analyst estimates that ranged from 800 to 1,400 TMT. 2019/20 export commitments are 102 percent of the USDA revised forecast. Export sales are five percent below the 2018/19 crop year pace. Major purchases were reported for China, Indonesia, and Pakistan.
Soybean meal sales for the 2019/20 marketing year of 124.4 TMT were 18.6 TMT below last week’s total and nine percent below the prior four-week average of 136 TMT. New crop sales were 73.5 TMT, lifting total sales to 197.9 TMT. Combined crop year sales were 27 percent over last week’s report and within analyst…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...