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…
05.09.2024
Michigan among growing list of US states incentivizing SAF
Following the passage of federal tax credits for production of sustainable aviation fuel (SAF), state governments across the US have been implementing tax credits of their own to secure...
05.09.2024
US fat exports hit multi-month high on shipments to Singapore
Four cars of packer bleachable fancy tallow (BFT) and four cars of choice white grease (CWG) traded higher on a Chicago basis on Thursday. Packer BFT was up to...
05.09.2024
Ruminant meat and bonemeal relative to CBOT soybean meal drops
US animal protein prices were steady on Thursday May 9 following multiple reports of limited trade.
Ruminant meat and bonemeal relative to soybean meal
Ruminant meat and bonemeal...