Soybean Meal Falls on Oil Share Spreading by Funds

Soybean Meal Falls on Oil Share Spreading by Funds

Soybean Meal Falls on Oil Share Spreading by Funds

Most feed and grain contracts were lower on Monday despite relatively bullish export inspection data. Improving South American weather conditions weighed on oilseed and grain contracts, while long oil share spreading by funds drove soybean meal futures sharply lower. Outside of late growing season weather in South America, traders are also looking forward to the United States Department of Agriculture’s (USDA’s) Prospective Plantings report, scheduled for release next week.

USDA reported export inspections for the week ending March 18 on Monday. Weekly shipments of corn totaled 1.96 million tonnes, in line with analysts’ expectations ranging from 1.6 to 2.2 million tonnes. The total was down from 2.27 million tonnes last week, which was a marketing-year high, suggesting that the U.S. corn export season peak may have…

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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