Market Update
CME grain pricing was positive across the board. Corn increased by $0.1725, climbing to $4.93/st, due to a wave of bargain buying after falling to multiyear lows on Wednesday. Meanwhile, soybeans increased $0.4050 to $14.84/st. due to speculation regarding this season’s true crop production. Soymeal was up $11.40 to $422.30/st and wheat increased by $0.0700 to $6.39/st.
Weekly Export Sales – Released July 13, 2023
Weekly soybean export sales for July 6th in the 2022/23 marketing year were 80.6 thousand metric tons (TMT), 107.2 TMT below last week’s total and lower than the prior four-week average of 337.8 TMT. There were 209.2 TMT for the 2023/24 crop season, increasing total sales to 289.7 TMT. Combined sales were 63.0 percent under last week and closer to the high end of analyst expectations from 0 to 300…
01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...