Abundant Imports Pressure Organic Corn Prices
Organic corn prices are soft. While there continues to be activity trading...
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U.S. Soybean Oil Exports Fall 50% on Week
U.S. net soybean oil exports declined 50 percent during the week ending January 4 to a total of 300 tonnes (MT), according to USDA’s Weekly Export Report released on Friday. The export figure was also down 23 percent from the four-week average. The only buyer/destination was Canada. Net domestic soybean oil sales for 2023/23 totaled 100 MT, down sharply on the week and dropping 91 percent from the four-week average. Increases were for Honduras.
Cumulative U.S. soybean oil sales edged up five pe...
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