Friday Trade Deadline
Please note – Trading will close at 12 CT on Friday with publication shortly after.
Trading was steady today with no changes reported. MBM sellers were digesting the news that Indonesia has instituted a temporary ban on all import permits. Blood meal prices were steady with more volume reported at the top end of the range for ruminant and porcine material, but still plenty of action at the lower end. It’s reasonable to expect the strong supplies…
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...