12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
Bean meal futures broke through trend line support and are poised to move lower as a stronger US dollar and forecasts for high ending bean stocks continue to generate headwinds for meal prices. Global economic data continues to force deflation which is eroding the value of many commodities.
Inventory levels of beans are likely to remain high according to the most…