Corn:
Corn reaching the dough stage is 88 percent, while 44 percent is now dented, and five percent is mature. Crop conditions continued to move lower following the derecho windstorm. Fields rated good to excellent fell five points to 64 percent and fields rated poor to very poor increased two points to 12 percent. On a state level, conditions in Iowa fell 9 points to 50 percent in the good to excellent category and increased four points in the poor to very poor category. This year’s corn crop is now rated below last seasons. Last year fields rated good to excellent were 68 percent versus 13 percent poor to very poor.
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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
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