Weekly soybean export sales for the 2020/21 marketing year of 334 thousand metric tons (TMT) were 235.2 TMT over last week’s total but 33 percent below the four-week average of 495 TMT. There were 199.4 TMT in sales recorded for the 2021/22 crop season, lifting total sales to 533.4 TMT. Combined crop year sales were 214 percent over last week’s total but within analyst estimates that ranged from 200 to 700 TMT. 2020/21 export commitments are 98 percent of the revised USDA forecast. Export sales are 77 percent above the 2019/20 crop year pace. Major purchases were reported for Japan, Germany, and the Netherlands.
Soybean meal sales for the 2020/21 marketing year of 187.4 TMT were 27.2 TMT above last week but 28 percent below the prior four-week average of 262 TMT. No sales were recorded for the 2021/22 crop season, leaving total…
04.30.2024
Biofuel feedstock demand rises while capacity declines: EIA
EIA Biofuels Capacity and Feedstock Update
The Energy Information Administration’s (EIA) Monthly Biofuels Capacity and Feedstocks Update, released on Tuesday April 30, showed that operable US biofuel capacity declined...
04.30.2024
Chicago edible tallow trades lower
The edible tallow price fell to 52 cents per lb Chicago basis on the afternoon of Tuesday April 30. Tallow trading was quiet outside of the edible tallow market.
04.30.2024
April animal protein values mixed month on month
US animal proteins prices were mostly steady on Tuesday April 30. Limited trade was again reported, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, held...