Corn:
The corn harvest is 91 percent complete, up nine points from last week and 11 points over the five-year average of 80 percent. According to the USDA’s October WASDE report, 14.72 billion bushels of corn are expected to be harvested. With the harvest 91 percent complete, 13.4 billion bushels have been harvested and 1.3 billion are still in the fields. Favorable weather has allowed 14 of 18 reporting states to be at or ahead of their historical harvest pace. North Dakota leads the pack by outpacing the historical norm by 33 points. The North Dakota harvest is 93 percent complete versus a historical average of 60 percent. Ohio is the largest producer furthest behind, trailing their average harvest pace by…
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...