Grain & Feed Bulletin

Grain & Feed Bulletin

 

Crop Progress – Corn harvest three fourths complete, soybean harvest at 80%  

The corn harvest is 76% complete, up 13 points from last week and one point below the five-year average. The harvest pace was consistent over the past week. South Dakota and Nebraska made the most progress, harvesting 18% of the crop.  Eight of 18 reporting states lag their average pace. One third of the reporting states are at least 90% complete with this season’s…

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05.17.2024

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts

The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...

05.17.2024

Animal fat average prices rise week on week

Animal fat average prices rise week on week

Only light trade was reported for most of the week, with several market participants attending the Fastmarkets Biofuels & Feedstocks event in Chicago on May 13-15.

Fastmarkets’ price...

05.17.2024

Animal protein prices steady to lower week on week

Animal protein prices steady to lower week on week

US animal protein prices were steady to lower week on week on Friday May 17. Only light trade was reported for most of the week with several market participants...

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