05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Crop Progress
Corn:
- 75 percent mature
- 15 percent harvested
- 61 percent good to excellent; 14 percent poor to very poor
The corn harvest is slower than many had anticipated it would be in this week’s crop progress report. However, this year’s pace is ahead of last season’s and on par with the historical average. The harvest is 15 percent complete, up seven points from last week and a point shy of the historical norm for this time of year. This year’s corn crop is 75 percent mature, which is 10 points ahead of the historical average and 36 points over last season’s pace. Early maturing conditions should lead to increased harvest speed if the weather remains favorable. Tennessee, Missouri, and Illinois all trail their average harvest pace by significant…