Soybean Oil Stocks Fall to 71-Month Low, Crush Reaches 11-Month Low

Soybean Oil Stocks Fall to 71-Month Low, Crush Reaches 11-Month Low

The National Oilseed Processors Association (NOPA) reported the August soybean crush at 161.453 million bushels, 6.8 percent below the July crush and 2.5 percent under the 165.538 million bushels processed during August 2022. The August crush is typically one of the lowest crush totals of the year, as some processors idle plants for seasonal maintenance ahead of the new crop harvest. Despite reduced expectations, the August crush total fell below analyst expectations that ranged between 161.28 million to 171 million bushels with a median analyst estimates of 167.802 million bushels.

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10.17.2024

US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables

US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables

The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.

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US fats and oils markets quiet amid industry event; DCO production up

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The...

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US animal proteins market steady on October 17

US animal proteins market steady on October 17

US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.

September USDA Feed Outlook
Grain consuming animal units (GCAUs)...

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