Corn:
The corn harvest is 91 percent complete, up nine points from last week and 11 points over the five-year average of 80 percent. According to the USDA’s October WASDE report, 14.72 billion bushels of corn are expected to be harvested. With the harvest 91 percent complete, 13.4 billion bushels have been harvested and 1.3 billion are still in the fields. Favorable weather has allowed 14 of 18 reporting states to be at or ahead of their historical harvest pace. North Dakota leads the pack by outpacing the historical norm by 33 points. The North Dakota harvest is 93 percent complete versus a historical average of 60 percent. Ohio is the largest producer furthest behind, trailing their average harvest pace by…
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...