Corn:
The corn crop has completed the silking stage. Corn in the dough stage has reached 76 percent and 39 percent is now dented. Crop conditions felt the impact of Derecho with crop quality suffering primarily in Iowa over the past week. Fields rated good to excellent fell two points 69 percent and fields rated poor to very poor increased two points to 10 percent. On a state level, conditions in Iowa bore the brunt of Derecho, with Iowa crops rated good to excellent falling by 10 points to 59 percent and fields rated poor to very poor climbing from 8 percent to 17 percent. This year’s corn crop is on par with last seasons. Last year fields rated good to excellent were 68 percent versus 14…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...