Lexi Watts out of Office December 16-18
Lexi Watts will be out of the office Wednesday, December 16 through Friday, December 18 and will return on Monday, December 21. In her absence, please contact Ryan Standard at [email protected] with any questions or trades to report.
Trading was steady today on Heavy Native Steers (HNS) and Branded Steers (BS). Offers are out on cows at steady money, but counters are lower from the buy side, relative to last week. Shipping issues remain at the forefront of conversation with port congestion and container availability continuing to hamper logistics. Buyers seem anxious about getting…
11.15.2024
October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks
The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...
11.15.2024
UCO 2025 market clouded by China’s cancellation of export rebate
China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...
11.15.2024
US animal protein prices steady to firmer week on week; SBM under pressure
The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...