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Tidbits, Crude Oil, Markets & Rain Days Update 10/29/22

Highlights


Yesterday morning, the USDA announced the sale of:

  • 126,000 mts of soybeans to China

  • 198,000 mts of soybeans to Spain

 

Tidbits


For the week of October 25, the St. Louis barge spot (now, current) rate increased almost 22% from last week to $88.46 per ton this week. However, this rate is lower than the all-time peak of $105.85 per ton for the second week of this month.

The U.S average diesel fuel price continued to rise for the third consecutive week to $5.341 per gallon, the price was up 2 cents from the previous week and up $1.628 from a year ago.

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