Corn:
The corn harvest is slowly moving forward but expected to accelerate as the crop is maturing early due to hot and dry conditions in August. The harvest is eight percent complete, two points below the historical average and two points above last year’s pace. This year’s corn crop is 59 percent mature, which is 10 points ahead of the historical average and 33 points over last season’s pace. Crop conditions improved from last week. Fields rated good to excellent increased a point to 61 percent while fields rated poor to very poor moved a point lower to 14 percent. Michigan saw the most improvement in fields rated good to excellent…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...