Soybean export sales for the 2019/20 marketing year of 302.8 thousand metric tons (TMT) were a marketing year low; down 42 TMT from last week and 34 percent below the prior four-week average of 455.9 TMT. New crop sales totaled 1.4 TMT, lifting total sales to 304.2 TMT. Combined crop year sales were down 12 percent from last week and below analyst estimates that ranged from…
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...