Soybean export sales for the 2020/21 marketing year of 2,590.7 thousand metric tons (TMT) were 0.5 TMT below last week’s total and 23 percent under the four-week average of 3,354 TMT. There were no sales for the 2021/22 crop season, leaving total sales at 2,590.7 TMT. Combined crop year sales were 0.02 percent below last week’s total but exceeded analyst estimates that ranged from 1,500 to 2,200 TMT. 2020/21 export commitments are 70 percent of the USDA forecast. Export sales are noticeably above the 2019/20 crop year pace. Major purchases were reported for Mexico, China, and Egypt.
Soybean meal sales for the 2020/21 marketing of 271.7 TMT were 251 TMT below last week and 19 percent under the prior four-week average of 337 TMT. There were no sales for the 2021/22 crop seasons, leaving total sales at 271.7 TMT. Combined crop year sales were 49 percent below last week’s report but within…
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...