Soybean export sales for the 2020/21 marketing year of 1,530.5 thousand metric tons (TMT) were 90.2TMT below last week’s total and 32 percent below the four-week average of 2,239 TMT. No sales were recorded for the 2021/22 crop season, leaving total sales to 1,530.5 TMT. Combined crop year sales were six percent below last week’s total but within analyst estimates that ranged from 800 to 1,700 TMT. 2020/21 export commitments are 81 percent of the USDA forecast. Export sales are noticeably above the 2019/20 crop year pace. Major purchases were reported for Mexico, China, and Egypt.
Soybean meal sales for the 2020/21 marketing year of 331.4 TMT were 132 TMT above last week and 40 percent over the prior four-week average of 236 TMT. There were no sales for the 2021/22 crop seasons, leaving total sales at 331.4 TMT. Combined crop year sales were 66 percent over last…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...