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…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...