Grain & Feed Ingredients

Grain & Feed Ingredients

 

Crop Progress – – Corn crop conditions improve as the harvest progresses, peanuts being the exception

82% of the corn crop has reached maturity, up 14 points from last week but 5 behind the 5-year average. The corn harvest is 22% complete, up 5 points from last week but 15 points behind the 5-year average.  Crop conditions improved this week. 64% of the crop is rated in good to excellent condition, 25% is fair, and 11% is rated poor to very poor….

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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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