Soybean export sales for the 2017/18 marketing year were 301.7 TMT, down 42% from last week but 47% more than the prior 4-week average. Sales for the 2018/19 crop year totaled 227.6 TMT, lifting combined sales to 529.3 TMT. Combined sales were down 35% week over week but were within analyst estimates that ranged from 400-1,000 TMT. 2017/18 export commitments are 100% of the USDA forecast with 11 weeks to go…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...