The US soybean crush slowed in April, falling to a seven-month low at 166.03 million bushels, from a record high of 196.406 million bu in March, the National Oilseed Processors Association (NOPA) reported on Wednesday May 15.
The crush figure was down by more than 30 million bu, or more than 15%, month on month and more than 4% year on year to a three-year low for the month of April. The April crush figure was well below the average market expectation of 183 million bu. Market sources had anticipated a lower crush in April, partially due to maintenance downtime at processing plants.
For the first time in six months, domestic soybean oil stockpiles among NOPA members was down in April, with soybean oil stocks declining to 1.75 billion lbs, down more than 5% from the 10-month high of 1.851 billion lbs at the end of March.
…
10.04.2024
US RD interregional shipments decline to 6-month low in July: EIA
The US Energy Information Administration’s (EIA) Petroleum Supply Monthly report released Monday September 30, showed that July interregional shipments of renewable diesel (RD) and biodiesel to the US West...
10.04.2024
Geopolitical tensions, policy uncertainty stymies US animal fats, oils trade
The Missouri River choice white grease (CWG) market moved to a low of 42.5 cents per lb FOB after trading was done late on Thursday October 3.
Distiller’s...
10.04.2024
Hurricane Helene impact on US animal proteins still unknown
US animal proteins prices were steady on Friday October 4, with most participants working on logistical challenges for the current and upcoming week.
Hog producers and production facilities...