The National Oilseed Processors Association (NOPA) reported the US soybean crush reached a 12-month low in September, falling 2.2 percent from August while soybean oil stocks narrowed 5.7 percent, reaching an 11-month low. The September crush was fractionally below analyst expectations of 161.491 million bushels and soybean stocks were 1.5 percent over analyst estimates.
NOPA members crushed 161.491 million bushels of soybeans in September, down from 165.055 million in August but 5.9 percent over the 152.566 crushed during September of 2019. Soybean meal exports rallied 31 percent to 991,134 tons in September and were 17 percent over exports from the same period last year..
Soybean oil stocks declined 2.2 percent from August to 1.433 billion pounds, an 11-month low. Despite the decline, stocks were 1.5 percent higher than analyst estimates. Ending stocks…
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...