Corn:
The corn crop is 94 percent mature, which is seven points over the historical average and 25 points over last season’s pace. Harvest attention has been with soybeans but is beginning to switch to corn. The harvest is 41 percent complete, up 16 points from last week and nine points over the historical norm. There have been 6.11 billion bushels of corn harvested with 8.8 billion bushels remaining. Large corn producing states like Illinois and Missouri trail their average harvest pace while the largest corn producing state, Iowa, is 25 points over its historical average. Crop conditions…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...