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Blog

US spring wheat conditions decline; corn, soybeans hold steady

Alexandra Watts | 08.13.2024

Chicago Mercantile Exchange grain prices fell on Tuesday August 13, with the November CME soybean futures contract decreasing by 23.50 cents per bushel to settle at $9.62 per bu and September soymeal dropping by $6.20 per short ton to $299.80 per short ton.

Meanwhile, the September CME corn futures contract declined by 5.50 cents per bu to $3.77 per bu, and September wheat futures fell by 8 cents per bu to $5.28 per bu.

US crop quality remains relatively good, and production...

Bullish market data released by ACLE; vessel explosion in Ningbo re-routes hides

Hide trading activity was mild on Tuesday August 13 — typical for the start of the week, while sellers...

Palm oil futures dip; coconut, palm kernel oil prices remain robust

Palm oil futures on the Bursa Malaysia Exchange ended slightly lower on Tuesday August 13 due to light profit-taking...

Refiners evaluate RIN market, provide outlook heading into 2025

Renewable identification numbers (RINs) have had a turbulent year. Prices have fallen more rapidly than the soybean oil/heating oil...

Technical tallow trades lower in US, narrowing gap to RBD

Four railcars of renderer-grade bleachable fancy tallow (BFT) traded down to 48.75 cents per lb Chicago basis on Monday...

WASDE forecast lowers cattle production estimate for 1H25

The US domestic protein market was quiet on Monday August 12, with no price changes reported.

The Chicago...

Corn futures boosted by strong export demand following WASDE

Most grain prices on the Chicago Mercantile Exchange fell on Monday August 12. The September wheat futures contract decreased...

Heavy Texas steer hide prices fluctuate

The US hide market began the week of Monday August 12 with little change from the close of the...

US soybean oil futures continue to sell off after WASDE

Spot trading in the US for soybean oil and other vegetable oils was quiet on Monday August 12.

Blog

07.11.2025

Sausage casings bulletin, July 11, 2025

Runner market commentary

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06.27.2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate: EUR/USD — $1.153

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US spring wheat conditions decline; corn, soybeans hold steady

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