*Please Note – Bob Lane will be out of the office through Friday, January 5, 2024, returning on Monday, January 8. In his absence, please contact Amanda Luhavalja at 845-741-3873, or [email protected].*
U.S. soybean crushing volumes totaled 200 million bushels in November 2023, the USDA reported on January 2 in its Monthly Fats & Oils report. The crush figure was down 0.5 percent from the October soybean crush but was an all-time record high for the month of November.
Crude soybean oil produced in November was 2.32 billion pounds, down two percent on the month but gaining six percent from the same month in 2022. Refined U.S. soybean oil production totaled 1.71 billion pounds in November, decreasing nine percent from October but rising five percent from November 2022.
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Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
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Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...