Weekly soybean export sales for the 2020/21 marketing year of 350.6 thousand metric tons (TMT) were 84.7.2 TMT over last week’s total but five percent below the four-week average of 370 TMT. There were 213.2 TMT in sales recorded for the 2021/22 crop season, lifting total sales to 563.8 TMT. Combined crop year sales were 21 percent over last week’s total but within analyst estimates that ranged from 200 to 700 TMT. 2020/21 export commitments are 99 percent of the revised USDA forecast. Export sales are 76 percent above the 2019/20 crop year pace. Major purchases were reported for China, Indonesia, and Mexico.
Soybean meal sales for the 2020/21 marketing year of 261.6 TMT were 74.2 TMT above last week and 12 percent over the prior four-week average of 233 TMT. There were 18.3 TMT in sales recorded for the…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...