NOPA’s recently released crush data for June shows that 144.718 million bushels were crushed during the month, surpassing the average analyst estimate of 143.004 million bushels to be crushed. The crush was up 4.8% from June and 0.7% more than the 143.715 million bushels crushed during July of 2016. Meal exports of 596,767 tons, were 6% more than what was shipped June and 3% more than activity in July of 2016.
Soybean oil stocks…
11.25.2024
Glycerin prices mostly stable even amid tightening kosher supplies
Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”
Kosher glycerin supplies are “getting tighter,” according...
11.25.2024
Packer BFT, CWG trade higher; hog slaughter down week on week
Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.
Five cars of packer BFT traded...
11.25.2024
Cattle slaughter six-week average projection down for holiday season
Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.
Price pressure on ruminant meat...