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...
Over the last ten years, the Missouri River porcine MBM price in July have increased relative to June at a frequency of 90 percent. This year looks to buck the trend of higher prices, with the average through the first four weeks of the month down $12.39 relative to June. Prices in June were down $127.36 relative to May, a record drop from one month to the next. Historically, August has brought lower prices to the market with prices decreasing relative to July in 6 of the last 10 years. The average price move from July to August for the Mo. River market is ($16.96). Production has historically bottomed out in June and July and increased through the second half of the year. The seasonal low was pushed into the April and May time window this year due to…