Chicago Mercantile Exchange grain prices fell on Friday June 28, with the July CME soybean futures contract decreasing by 1.75 cents per bushel to settle at $11.50 per bu and July soymeal dropping by $0.60 per short ton to $360.50 per ton.
Meanwhile, the July CME corn futures contract declined by 16.50 cents per bu to $3.97 per bu, and July wheat futures fell by 6.25 cents per bu to close at $5.53 per bu.
Grain markets were on a downtrend on Friday after the USDA’s highly anticipated updated acreage and stock reports were released. Corn and wheat prices fell the most following the release, while soybeans also took a hit, largely due to the downward pressure from corn and other commodities.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
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December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...