Grain & Feed Ingredients

Grain & Feed Ingredients

 

Weekly Recap

March and May Soybean futures both dropped 11 cents for the week as Friday’s sell off sent the contract’s 18.25 and 11.5 cents lower on the day. Soybean exports fell 60% week to 198.7 TMT and were well below trade estimates that ranged from 300 to 575 TMT. Soybean export commitments are 98% of forecast with 25 weeks to go.  Cash prices remained in line with futures values, as there was little to no change in…

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05.03.2024

Biodiesel imports fall to 8-month low in March; exports rise to 3-month high

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

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 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...

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