March Soybean futures were up for the second time in as many weeks, gaining 17 cents per bushel, or 1.75%. The USDA trimmed ending stocks by 25 million bushels by forecasting an increase in both crushings and exports. Export sales were sharply higher, gaining 50% week over week for the combined marketing seasons. Sales were also 18% stronger then the prior four-week average. Total old crop commitments are now 95%…
01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...