Ahead of Wednesday’s U.S. Department of Agriculture’s quarterly stocks and small grains reports, traders are repositioning as analylsts attempt to determine how large inventories are as the United States prepares for the soybean harvest. Hedge fund traders drastically altered their futures and options positions according to the latest industry report.
Bean meal prices slipped for a second session on Tuesday as a…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...