Soybean export sales for the 2019/20 marketing year were 88. thousand metric tons (TMT), which were 67.7 above last week’s total but 57 percent below the four-week average of 207.1 TMT. New crop sales totaled 1,762.8 TMT, lifting total sales to 1,850.9 TMT. Combined crop year sales were four percent below last week’s total and exceeded analyst estimates that ranged from 1,000 to 1,800 TMT. 2019/20 export commitments finish the season 106 percent of the USDAforecast. Export sales are three percent below the 2018/19 crop year pace. Major purchases were reported for the Netherlands, China, and Germany.
Soybean meal sales for the 2019/20 marketing year of 113.7 TMT were 60.5 TMT over last week’s total and 22 percent over the prior four-week average of 93.5 TMT. New crop sales totaled 228.8 TMT, lifting total sales to 342.5 TMT. Combined crop year sales were 127 percent above last week’s…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...