Weekly Recap
Soybean futures fell 79 cents to 10.89¾ per bushel for the July futures contract and dropped 81 cents for the Aug contract. The move completely erased the prior week’s 66 cent gain as prices tumbled nearly 7%. Export sales were 50% lower for the combined marketing seasons. Old crop sales fell by 13% higher and were 14% less…
05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.