Soybean export sales for the 2020/21 marketing year were 2,457.1 thousand metric tons (TMT),which were 14 percent below the four-week average of 2,846 TMT. There were no sales for the 2021/22 crop season, leaving total sales at 2,457.1 TMT. Combined crop year sales were below last week’s total but within analyst estimates that ranged from 1,500 to 2,800 TMT. 2020/21 export commitments are 56 percent of the USDA forecast. Export sales are noticeably above the 2019/20 crop year pace. Major purchases were reported for Japan, China, and Vietnam.
Soybean meal sales for the 2019/20 marketing year were a net reduction of 105.4 TMT and a marketing year low. Weekly sales were 132.1 TMT below last week’s total and noticeably below the prior four-week average of 57 TMT. New crop sales totaled 197.3 TMT, lifting total sales to 91.9 TMT. Combined crop year sales were 74 percent below 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...