NOPA released crush data for the month of October today. The data showed that the actual crush came in about 4 million bushels over expectations. Analysts had been looking for a 160.478-million-bushel crush, which would have been a healthy jump from the 129.405 Mb crushed in September. The actual crush for October totaled 164.641 Mb, a 27% increase from September and 3.6% more than the 158.9…
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...