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Grain Futures Push Higher Following WASDE Release

Alexandra Watts | 03.08.2024

CME grain prices shifted higher across the board on Friday. May soymeal increased by $7.00/st and closed at $341.40/st. May soybeans increased by $0.1775 and settled at $11.84/bu. Furthermore, May corn futures rose $0.0175 to $4.39/bu, and May wheat increased by $0.0925 to $5.37/bu. Prices for wheat, soybeans, and corn jumped after the release of today’s World Agricultural Supply and Demand Estimates (WASDE) report from the USDA, prompting a wave of technical buying.

March 2024 WASDE

The USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) report for March indicated only slight adjustments but fell short in its projections for South America.

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03.07.2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

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Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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