Federal Trade Data for Organic Soybeans Draws Scrutiny

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Federal Trade Data for Organic Soybeans Draws Scrutiny

Fastmarkets received several inquiries related to our comments on Tuesday related to organic soybean imports from Brazil. We received at least two separate comments that these numbers were not correct and the volumes of soybeans that came from Brazil to t...

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States Reckon with Hemp-derived Cannabinoids

States Reckon with Hemp-derived Cannabinoids

States continue to deal with the fallout of intoxicating hemp cannabinoids like...

EIA Raises Renewable Fuel Consumption Outlook for 2023, Lowers for 2024

EIA Raises Renewable Fuel Consumption Outlook for 2023, Lowers for 2024

August STEO Lifts Biodiesel/RD Consumption 2023, Lowers 2024 Forecast

The U.S. Energy Information Administration (EIA) released the August...

US Fat Exports Up From May but Trail Prior Year’s Estimates

US Fat Exports Up From May but Trail Prior Year’s Estimates

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Four cars of packer BFT traded 68 cts/lb Chicago today and two cars of technical...

Porcine MBM and BM Lower; IE MM June Exports Reach Three-Year Low

Porcine MBM and BM Lower; IE MM June Exports Reach Three-Year Low

The values on animal proteins for Tuesday were mixed with pressure and wider ranges indicated on porcine related items...

Spring Wheat Harvest Underway

Spring Wheat Harvest Underway

Nearby CME grain prices were mixed today. Corn decreased by $0.0700, settling at $4.97/bu. Additionally, soybeans increased...

Hide Buyers Resistant to Further Price Increases

Hide Buyers Resistant to Further Price Increases

Buyers have been quiet this week with the exception of automotive tanners that are looking for heavy native steers...

SBO Futures Move Off Early Losses, Palm Oil Prices Drop

SBO Futures Move Off Early Losses, Palm Oil Prices Drop

Palm oil and soybean oil futures extended lower on Tuesday, weighed down by early losses in crude oil prices...

Brazil Organic Soybean Exports to the U.S. Incline From Last Year

Brazil Organic Soybean Exports to the U.S. Incline From Last Year

Brazil has stepped up organic soybean exports to the U.S. considerably this...

Blog

09.06.2024

Signs of US economic downturn send ULSD prices to 3-year low

Signs of US economic downturn send ULSD prices to 3-year low

Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

09.06.2024

US fat market slides on pressure from soybean oil, energy complex

US fat market slides on pressure from soybean oil, energy complex

Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...

09.06.2024

Sluggish trade volume keeps weekly animal protein prices flat

Sluggish trade volume keeps weekly animal protein prices flat

US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

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