Market Update
CME grain pricing displayed positive movement across the board, with corn going up by $0.1550 to reach $6.23/st, despite renewed concerns over drought impacting 2023 yields. Meanwhile, soybeans were at a three-month high of 487 (TMT) due to robust export sales, leading to an increase of $0.4000 to $14.28/st. Furthermore, soymeal was up $4.50 to $394.20/st and wheat rose $0.3125 to $6.61/st.
Weekly Export Sales – Released June 15, 2023
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01.13.2025
Glycerin prices unchanged; buyers, sellers cautious about market trend
80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...
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Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks
The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
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Weekly hog slaughter forecast at 2.57 million into February
US animal protein prices were steady day on day on Monday January 13.
Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...