Trading was quiet coming off of the long holiday weekend. The May soybean meal contract fell to $406.30 today, further eroding last Wednesday’s gains.
Hog slaughter finished last week at an estimated 2.46 million head, down 3 percent from the week prior. The slaughter is forecast to trend lower over the next six weeks, projected at an average of 2.48 million head per week, down 2.4 percent fom the prior six week average. The average of 2.48 million head represents a decrease relative to late February and early…
01.22.2025
Be8, Cemvita to study glycerin-to-SAF feasibility in Brazil
Brazilian biofuels producer Be8 and US-based biotech company Cemvita signed a memorandum of understanding to study the technical and economic feasibility of converting glycerin into sustainable aviation fuel (SAF),...
01.22.2025
CWG prices jump 17% from prior week on strong renewable demand
The choice white grease (CWG) market continued to trade higher on Wednesday January 22 with deals done as high as 42 cents per lb FOB Missouri River, but the...
01.22.2025
US weekly wheat, soybean export inspections decline; corn up 7%
Export inspections of US grains showed a decline for soybean and wheat, while corn increased in the week to January 16, according to data from the USDA released on...