Corn:
The corn crop has climbed to 82 percent of the fields has reaching the silking stage and 22 percent in the dough stage. Crop conditions benefited from good weather conditions over the past week. Fields rated good to excellent advance three points to 72 percent and declined by a point to seven percent in the poor to very poor category. On a state level, Illinois saw a 17 percent increase in crops rated good to excellent. Indiana and Kansas were both up more than 10 percent, but Iowa fell by 3.5 percent. This year’s corn crop is in better shape than last season’s. Last year fields rated good to excellent were at 68 percent while those seen as poor to very poor were…
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...