Weekly Recap
August Soybean futures moved higher for the first time in five weeks, gaining 28¼ cents per bushel or 2.9%, while the Sep contract moved 22¼ cents higher or 2.33%. The bean basis in the cash market switched to changing off the November futures contract for most markets, but remained relatively stable. Soybean exports were down sharply due in…
12.20.2024
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
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
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...