Weekly Export Sales
Soybean export sales moved lower for the first time in three weeks as new crop sales declined by 52%. Old crop sales moved higher for the third consecutive week. They were up 78% and were 65% stronger than the prior 4-week average. Total sales of 322.6.5 TMT (Thousand Metric Tons) were within analyst expectations that ranged…
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...