Corn:
The corn crop has fully emerged, and two percent of the crop has reached the silking stage. Crop conditions improved slightly on the national level. 72 percent of the crop is rated good to excellent, a one-point improvement from last week. 5 percent of the crop is rated poor to very poor, unchanged from a week ago. On a state level, Colorado and Missouri saw the most improvement in crop condition. This year’s crop compares favorably to last year’s ratings of 68 percent good to excellent and 12 percent poor to very poor.
Soybeans:
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...