Corn:
The corn harvest is 95 percent complete, up four points from last week and eight points over the five-year average of 87 percent. According to the USDA’s November WASDE report, 14.5 billion bushels of corn are expected to be harvested. With the harvest 95 percent complete, 13.8 billion bushels have been harvested and 725.4 million are still in the fields. Favorable weather has 15 of 18 reporting states at or ahead of their historical harvest pace. North Dakota is outpacing the historical norm by 27 points. North Carolina is the first state to finish this year’s corn harvest, 13 states are between 90 and 99 percent complete.
…
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...