The National Oilseed Processors Association (NOPA) reported the August soybean crush at 161.453 million bushels, 6.8 percent below the July crush and 2.5 percent under the 165.538 million bushels processed during August 2022. The August crush is typically one of the lowest crush totals of the year, as some processors idle plants for seasonal maintenance ahead of the new crop harvest. Despite reduced expectations, the August crush total fell below analyst expectations that ranged between 161.28 million to 171 million bushels with a median analyst estimates of 167.802 million bushels.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...