Weekly Export Sales
Soybean export sales fell 20% for the combined marketing seasons and 9% for the old crop season. At 459.2 TMT, old crop sales were within market expectations that ranged from 350-650 TMT; they were also 30% less than the prior four-week average. Total export commitments are 97% of USDA forecast with 27 weeks to go. Leading purchasers were China,…
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...