Weekly Recap
Soybean futures closed lower for a second consecutive week as prices sold off fairly hard on Friday, dropping 10.5 cents per bushel for the November futures contract and 12 cents for the Jan. Prices continue to run up against resistance at the $10 level. Export sales remain strong but fell below the 2 million metric ton mark for the first…
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...