Weekly Recap
Soybean futures closed lower on a weekly basis, erasing last week’s gains and settling at the lowest weekly close in nearly a year. Prices fell 31 cents per bushel for the May contract and 28.75 cents for July. Bearish sentiment followed lowered forecasted demand from China. Friday’s…
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...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...