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…
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...