Corn:
The corn crop is 87 percent mature, which is nine points over the historical average and 33 points over last season’s pace. This year’s early maturing crop has not yet translated into a rapid corn harvest, but with clear weather forecast across much of the Midwest, that could change. The harvest pace is 25 percent complete, up 10 points from last week and a point over the historical norm. There have been 3.7 billion bushels of corn harvested with 11.2 billion bushels still in the field awaiting harvest. Certain large corn producing states like Illinois and Missouri trail their average harvest pace by 13…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...