Vegetable Fats & Oils

Vegetable Fats & Oils

 

Crop Progress – Corn holds at 70% good to excellent, soybeans improve to 63% good to excellent – up a percentage point from last week

Corn crop conditions remained with upper end ratings holding at 70% good to excellent for the third consecutive week. This is down 3% from last years rating of 73% at this time of the year. 21% of the crop is rated as fair and 9% as poor to very poor. Conditions in Minnesota, Tennessee, and Iowa continue…

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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...

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