Corn:
The corn harvest is slower than many had anticipated it would be in this week’s crop progress report. However, this year’s pace is ahead of last season’s and on par with the historical average. The harvest is 15 percent complete, up seven points from last week and a point shy of the historical norm for this time of year. This year’s corn crop is 75 percent mature, which is 10 points ahead of the historical average and 36 points over last season’s pace. Early maturing conditions should lead to increased harvest speed if the weather remains favorable. Tennessee, Missouri, and Illinois all trail their average harvest pace by significant…
01.17.2025
US renewable fuel production hits all-time high; biomass-based diesel output surges to capture end of BTC
The $1-per-gallon Blenders Tax Credit (BTC) ended on December 31, 2024. Monthly US renewable fuel production hit an all-time high of 1.96 billion gallons of fuel, generating 2.31 billion...
01.17.2025
Packer BFT ticks upward; most animal fats and oil markets close the week higher
Three cars of packer-grade bleachable fancy tallow (BFT) traded higher on Friday January 17, at 47 cents per lb, Chicago basis.
Outside of this trade, the US animal...
01.17.2025
Limited trade keeps US animal protein prices flat week on week
US animal proteins prices were generally flat for the week to Friday January 17, though prior price moves from last week for meat and bonemeal, bloodmeal and poultry by-product...