May Soybean futures ended the week at 9.6875 per bushel, gaining 17 cents last week and reclaiming half of what they lost the prior week. Exports were up 65% for the week and total export commitments are 100% of expectations with 20 weeks to go. Given that 2014/15 export sales were just over 540 million bushels between April and the end of August 2014, it is likely that the USDA is going to have to increase…
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...