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…
05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...