Crushing activity was increased by 15 million bushels to 1.845 billion bushels. Increased crushing activity pushed soybean oil production 150 million pounds higher.This trickled through the balance sheet resulting in 2014/15 ending stocks increasing by 125 million pounds.
The 2015/16 marketing year started with the 125-million-pound increase, adding an additional 230 million pounds of 2015/16 production. This  translated to 2015/16 ending stocks increasing by 280 million pounds. 2015/16 ending stocks are projected to blossom to 1.82 billion pounds.
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...