As the 2024 growing season progresses, the weather-related losses are accruing. Fastmarkets has spoken to far-flung organic producers from Nebraska and Kansas to the Upper Midwest and Northeast that have experienced significant crop losses from 2024 storms.
Along with severe flooding in some cases, we’ve heard reports of widespread hail damage. With some of that hail falling over the last week, it isn’t clear how much summer crops will rebound if at all. Replanting is no longer an option for Upper Midwestern growers.
Texans are still assessing the impacts of Hurricane Beryl, which left many farms and residences without power. Crops and grain infrastructure both saw significant damage from high winds. United Ag Cooperative’s general manager, Jimmy Roppolo, told Texas Farm Bureau that a Beryl-spawned tornado destroyed about 1.2…
11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...