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.
…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...