Corn:
The corn crop is 97 percent mature three points over the historical average and 12 points over last season’s pace. Favorable conditions and a matured crop allowed producers to accelerate the harvest over the past week. The harvest is 60 percent complete, up 19 points from last week and 17 points over the historical norm. There have been 8.94 billion bushels of corn harvested with 5.96 billion bushels remaining. Several large corn producing states like Iowa, Nebraska, Kansas and South Dakota are well ahead of their traditional harvest pace average, while states that were behind…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...