Weekly Recap
Soybean futures finished last week 1.43% higher, ending five continuous weeks of lower prices on a weekly basis. Futures increased 13.5 cents to $9.55½ per bushel, easily offsetting the 4-cent loss over the prior week. Export sales fell 17% week over week for the old crop season and 40% for the combined seasons. Old crop sales…
02.03.2025
US animal fats steady amid trade uncertainties; hog slaughter down slightly on week
The US animal fats and oils markets were relatively quiet on Monday February 3, as sources said the market was still absorbing news of new US tariffs and expected...
02.03.2025
Bi-annual USDA cattle report indicates slowed cattle herd growth
This continued reduction in total head counts, led by a 0.53% (149,500 head) year-on-year reduction in beef cows, continues to indicate restricted herd growth. Currently, the beef herd is...
02.03.2025
Central Illinois weekly soybean, soyoil, soymeal prices fall
In the week to Friday January 31, the soybean crush margin in Central Illinois decreased by 4% week on week and by 5% year on year, according to the...