Corn 80 percent planted; 43 percent emerged. Planting progress continued at a rapid pace in much of the Midwestern and Plains as the number of days suitable for field work remained favorable. Corn planting increased 13 percentage points from last week and is nine points over the five-year average as well as 36 points ahead of last year’s pace. Colorado made the most progress, getting 28 percent of the crop in the planted, while North Dakota remains the farthest behind schedule, trailing their average planting pace by 40 points. Topsoil moisture is adequate throughout the Midwest but is beginning to be a concern Texas and Colorado.
Soybeans 53 percent planted; 18 percent emerged. The soybean planting pace continued to be strong. Soybeans are 53 percent planted, 15 points over the five-year average and 37 points ahead of last…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...