Soybean export sales for the 2016/17 marketing year rebounded from last week’s marketing year low, jumping from 45 TMT to 453.2 TMT. Sales were 83% more than the prior 4-week average of 247.9 TMT. New crop sales were up 41%, lifting combined season sales to 1,352.6 TMT. Combined crop year sales were up 98% from last week and exceeded analyst expectations that ranged from 400 to 850 TMT. 2016/17 export commitments are 105% of the USDA…
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...