Corn:
The corn harvest is 95 percent complete, up four points from last week and eight points over the five-year average of 87 percent. According to the USDA’s November WASDE report, 14.5 billion bushels of corn are expected to be harvested. With the harvest 95 percent complete, 13.8 billion bushels have been harvested and 725.4 million are still in the fields. Favorable weather has 15 of 18 reporting states at or ahead of their historical harvest pace. North Dakota is outpacing the historical norm by 27 points. North Carolina is the first state to finish this year’s corn harvest, 13 states are between 90 and 99 percent complete.
…
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...