Strong Demand from Mexico and China Lifts Soybean Exports

Category: Grain and Feed Ingredients

Strong Demand from Mexico and China Lifts Soybean Exports

Weekly soybean export sales for the 2020/21 marketing year of 292.5 thousand metric tons (TMT) were noticeably above last week's total and the four-week average of 42 TMT. There were 315.3 TMT in sales recorded for the 2021/22 crop season, lifting total sales to 731.5 TMT. Combined crop year sales were 93 percent over last week and exceeded analyst estimates that ranged from 150 to 550 TMT. 2020/21 export commitments are 98.5 percent of the revised USDA forecast with 18 weeks remaining in the...

Read More
Wheat Exports Reach 10-Week High

Wheat Exports Reach 10-Week High

 

Soybean Oil Futures Trade Limit Up, Reach 12 Year High

Low soybean stocks and heightened demand from the biofuels sector,...

Early Crop Planting Progress Ahead of Schedule

Early Crop Planting Progress Ahead of Schedule

 

Soil Moisture an Issue Across much of The Great Plains States

Spring planting is accelerating.  Corn growing states have...

China’s Export Appetite Slowed Last Week

China’s Export Appetite Slowed Last Week

Weekly soybean export sales for the 2020/21 marketing year of negative 92.5 thousand metric tons (TMT) were noticeably below...

DDGS Average Price Falls in March

DDGS Average Price Falls in March

 

Iowa DDGS Values to Trend Lower

Commodity prices...

Grain and Feed Mixed as Traders Look Forward to USDA Data

Grain and Feed Mixed as Traders Look Forward to USDA Data

Grain and Feed Mixed as Traders Look Forward to USDA Data Most grain and feed markets rebounded on Friday,...

China and Mexico Remain Strong Buyers of Corn and Wheat

China and Mexico Remain Strong Buyers of Corn and Wheat

 

Exports Exceed Analyst Projections for Corn and Wheat

Weekly soybean export sales for the 2020/21 marketing...

WASDE Balance Sheets for Corn and Soybeans Unchanged

WASDE Balance Sheets for Corn and Soybeans Unchanged

The March World Agriculture Supply and Demand Estimates (WASDE) released by the USDA were unchanged for corn, soybeans, and...

Grains End Week Higher Despite Two-Day Slide

Grains End Week Higher Despite Two-Day Slide

Grain prices finished the week stronger despite Thursday's sell off. Grain prices had limited follow through allow weekly prices...

Blog

12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

Latest Tweets