Weekly Recap
Soybean futures concluded last week’s trading on a 0.60% decline week over week. Stretching their down trend of lower weekly closes to 7 out of the past 8 weeks. During this time, soybean prices have dropped from $10.06 per bushel to $9.45¼ . Export sales jumped 283% week over week for the old crop season and 291% for the…
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...