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Category: Grain and Feed Ingredients

Strong Demand from Mexico and China Lifts Soybean Exports

Bob Lane | 04.29.2021

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...

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

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

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

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 Most grain and feed markets rebounded on Friday,...

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

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

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

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11.15.2024

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...

11.15.2024

UCO 2025 market clouded by China’s cancellation of export rebate

China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...

11.15.2024

US animal protein prices steady to firmer week on week; SBM under pressure

The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...

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