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Blog

US 2024/25 corn, soybean export sales climb week on week; wheat down 48%

Alexandra Watts | 09.19.2024

Corn
US corn sales for 2024/25 were reported at 847,400 tonnes in the week to September 12, up by 27.1% from the previous week and landing within the USDA’s expected range of 550,000-1.4 million tonnes, USDA data showed on Thursday September 19.

Much of the increase came from Mexico (280,800 tonnes), unknown destinations (183,400 tonnes), Japan (121,800 tonnes), Spain (71,500 tonnes) and Colombia (67,000 tonnes). The USDA groups undisclosed destinations under the umbrella term “unknown.”

These gains were partly offset by reductions...

Asian holidays, leather fairs lead to quiet day of hide trading on September 19

Several market participants reported minimal hide trading on Thursday September 19, but a few packers saw more demand and...

Dangerous herbicides used to deforest Brazilian ranching land may reduce demand for hides

Brazil
Environmental advocacy group Mighty Earth recently discovered that several Brazilian beef companies, including JBS, Marfrig and Minerva, raised...

Scoular Kansas soybean crush plant to begin operations in October amid growing biofuel demand

Scoular will begin operations sometime in October at its new canola and soybean oilseed crush facility in Goodland, Kansas,...

International animal proteins, September 19, 2024

Prices in international animal proteins markets were flat in the week to Thursday September 19, and several market participants...

California cannabis tax revenues decline, stakeholders cite hemp

California hemp operators are bracing for Gov. Gavin Newsom’s emergency ban on hemp, set to take effect on Thursday...

Waste plastic can improve SAF without increasing pollution, study says

Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16...

US animal fats, oils prices mixed as DCO production hits 2-month low

US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming...

US animal proteins prices steady; potential port strike could affect stocks, prices, sources say

US animal proteins markets were steady on Wednesday September 18.

Bloodmeal prices were reported to be flat day on day,...

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11.25.2024

Glycerin prices mostly stable even amid tightening kosher supplies

Glycerin prices were mostly stable on Monday November 25, with one source saying “market prices seem to be holding for now.”

Kosher glycerin supplies are “getting tighter,” according...

11.25.2024

Packer BFT, CWG trade higher; hog slaughter down week on week

Prices for packer-grade bleachable fancy tallow (BFT) moved higher on Monday November 25, in an otherwise quiet trade day ahead of the Thanksgiving holiday.

Five cars of packer BFT traded...

11.25.2024

Cattle slaughter six-week average projection down for holiday season

Trading was generally quiet in the US animal protein market on Monday November 25, though price ranges adjusted slightly in typical pre-holiday fashion.

Price pressure on ruminant meat...

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