Most CME grain prices were on a downward trend on Thursday. March soybean futures were unchanged, remaining at $12.36/bu. March wheat decreased $0.07 and settled at $6.03/bu. Additionally, March soymeal dropped $2.10 and closed at $362.20/st, and March corn fell by $0.0175 to $4.57/bu. Grain prices were down as traders prepare for tomorrow’s release of the World Agricultural Supply and Demand Estimates (WASDE) report by the USDA. Soybean prices held steady as market players keep an eye on weather forecasts in South America and the possibility of a record-breaking soybean season in Brazil.
Weekly Export Sales – Released January 11, 2023
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12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
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US animal fats and oils markets mostly stable, with movement only in CWG
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The only notable activity observed...
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Avian flu spikes in poultry, cattle sector at end of 2024
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US avian flu update
Year-to-date US poultry headcounts affected by...