86% of the corn crop has is denting, up 11 points from last week and 5 ahead of the 5-year average. 35% of the crop has matured, up 13 points from last week and 14 over the 5-year average. Crop conditions improved as rains across much of the Midwest and Plains states drastically reduced drought conditions in Missouri and Kansas. The drought continues to…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...