Topsoil moisture levels for US cropland showed continued improvement over the past week while subsoil levels held steady. Topsoil moisture readings increased from 53 percent of fields having adequate moisture (or better) last week, to 56 percent this week. Fields having adequate or better subsoil moisture remained unchanged at 51 percent. Minnesota’s drought situation improved over the past week. Minnesota had been experiencing extreme to exceptional drought conditions across 66 percent of the land, but this has improved to 44 percent last week as heavy rains moved across much of the state.
Corn conditions declined slightly over the past week. US Fields rated good to excellent slipped a point to 59 percent while crops seen in poor to very poor condition remained at levels of 14 percent from the week prior. Conditions ratings compare unfavorably…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...