Following a routine biannual review, the CME Group announced it has decided to expand daily price limits for grain and soybean futures traded at the Chicago Board of Trade. The new limits will take effect on the first trading day in May and will remain in effect through the last trading day in October. Corn and soybean oil ended the day limit up and will see expanded limits tomorrow.
The current daily price limits in effect are:
Beginning in May they will become:
…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...