Corn:
The corn crop is progressing towards harvest with 97 percent of the crop in the dough stage, 79 percent dented, and 25 percent reaching maturity. Crop conditions continued to decline over the past week as drought conditions in Iowa worsened. Nationally, fields rated good to excellent fell a point to 61 percent while fields rated poor to very poor held steady at 14 percent. On the state level, good to excellent ratings in North Carolina fell 14 percent with significant declines also seen in Iowa, Kansas and South Dakota. Colorado and Iowa have the largest percentage of fields rated poor to very poor. Colorado has 39 percent and Iowa is at 26…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...