Corn:
The corn crop is 94 percent mature, which is seven points over the historical average and 25 points over last season’s pace. Harvest attention has been with soybeans but is beginning to switch to corn. The harvest is 41 percent complete, up 16 points from last week and nine points over the historical norm. There have been 6.11 billion bushels of corn harvested with 8.8 billion bushels remaining. Large corn producing states like Illinois and Missouri trail their average harvest pace while the largest corn producing state, Iowa, is 25 points over its historical average. Crop conditions…
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...