CME grain pricing showed a downward trend today despite concerns over the sweltering heat throughout the Heartland and concerns about Ukrainian grain supplies. Corn slid $0.0700, dropping to $5.33/bu and wheat decreased by $0.0725 falling to $7.12/bu. After experiencing minor growth overnight, soybeans fell due to a round of technical selling decreasing by $0.1425, settling at $15.32/bu. Furthermore, soymeal prices dipped by $0.20 to $464.50/st.
Weekly Export Sales – Released July 27, 2023
Weekly soybean export sales for July 20th in the 2022/23 marketing year were 198.5 thousand metric tons (TMT), 136.8 TMT higher than last week’s total and lower than the previous four-week average of 115 TMT. There were 544.6 TMT sales for the 2023/24 crop season, increasing the total sales to 743.1 TMT. Combined sales fell below last week’s values and were within the range of analyst expectations from 50 to 400 TMT….
10.31.2024
US biofuel capacity, feedstock demand fall in August: EIA
US biodiesel capacity declined to a four-month low of 1.995 billion gallons during August, according to data released on Thursday October 31 by the US Energy Information Administration (EIA).
10.31.2024
December animal fats, oils prices decline amid uncertainties on 2025 tax credits
Spot trading in the US animal fats and oils markets was relatively quiet on Thursday October 31, with only a handful of trades agreed, with uncertainties about the tax...
10.31.2024
US pasture, range conditions decline further in October
Limited trade was reported on the US animal proteins market on Thursday October 31. Reported trades were within the previously assessed price ranges.
Pasture, range conditions
The national...