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Energy markets, South American weather supporting soy complex futures

By |January 31, 2022|Categories: Corn & Soy Complex, Edible Oils|Tags: , , , , |

Futures activity The Mar-22 soybean meal and oil contracts closed last week at $411.20 per short ton and $0.6527 per pound, respectively. Soybean meal [...]

FDA approves testing CBD for use in opioid addiction treatment

By |January 28, 2022|Categories: CBD, Edible Oils, Food Technology|Tags: , , , , , , |

Earlier this month, FDA gave the green light for human testing of CBD for opioid addiction treatment, a step further for the industry. Since [...]

Mexico sugar pricing up nominally as sugarcane campaign slows

By |January 27, 2022|Categories: Market Prices, Sugar|Tags: , , , , |

In the week of Jan. 17, reference prices for Mexican sugar appreciated marginally, up 0.3 percent for estandar and 0.7 percent for refined. Pricing [...]

December soybean oil stocks surpassed 2.0 billion pounds

By |January 26, 2022|Categories: Corn & Soy Complex|Tags: , , , , , , |

December soybean crush set a new record: NOPA members crushed an all-time high 186.4 million bushels last month, up from 179.5 million bushels in [...]

Corn market: Geopolitics overshadow improving South American weather

By |January 24, 2022|Categories: Corn & Soy Complex|Tags: , , , , |

Futures activity Showing additional strength, Mar-22 corn futures closed last week at $6.16 per bushel, up nearly $0.17 per bushel from last Monday. Dec-22 [...]

Strong gains across the board likely for cocoa bean grind use

By |January 20, 2022|Categories: Cocoa & Chocolate|Tags: , , , , |

Industry associations have reported Q4-2022 grind for the world’s top-two cocoa demand regions, Europe and Asia. Both regions saw a strong recovery in Q4 [...]