Most grain prices on the Chicago Mercantile Exchange fell on Friday July 12. The September wheat futures contract decreased by 20.50 cents per bushel, settling at $5.50 per bu, while September corn increased by 1.75 cents per bu, closing at $4.02 per bu.
Meanwhile, August soybean meal fell by $3.60 per short ton to $338.80 per ton, and August soybeans dropped by 12 cents per bu to $11.05 per bu.
July 2024 WASDE
The USDA’s July World Agricultural Supply and Demand Estimates (WASDE) report released on Friday has provided fresh estimates on wheat, corn and soybeans.
The US wheat outlook for 2024/25 showed an increase in supplies, domestic usage, exports and ending stocks.
US corn projections for 2024/25 indicated higher supplies with greater domestic usage and exports, while noting a minor drop in ending stocks.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...