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...
Most values on the international front remained within the previously set ranges from last week. Slight adjustments were indicated in New Zealand for meat and bonemeal. Pressure on this market is attributed to cheaper soybean meal and sluggish demand. New Zealand’s 45 pro meat and bonemeal was reported at NZ$650-670/tonne, while 50 pro was within NZ$730-750/tonne.
Market sources said interest into China and Indonesia remains softer, with both China and Indonesia as low as US$500/tonne.
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