*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.
…
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...