The National Oilseed Processors Association (NOPA) reported the February soybean crush at 186.194 million bushels. It was the largest February crush on record, outpacing the previous high of 166.288 reached in 2020 by 12%.
The February crush topped the average trade assessment of 178.06 million bushels as well as the high end of the estimate range. Estimates for the crush ranged from 170.2-185.5 million bushels.
The February crush was 0.22% below the January crush of 185.78 million bushels and 12.6% above the 165.057 million bushels crushed during February 2023.
…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...