Wheat futures fall following June WASDE release

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Wheat futures fall following June WASDE release

Grain prices on the Chicago Mercantile Exchange were mixed on Wednesday June 12. The July soybean futures contract decreased by 0.75 cents per bushel, settling at $11.77 per bu, while July wheat dropped by 9.50 cents per bu, closing at $6.17 per bu.

Meanwhile, the July soybean meal contract increased by $0.90 per short ton to $360.20 per ton, and July corn rose by 4.75 cents per bu to $4.54 per bu.

June 2024 WASDE
The USDA’s June World Agricultural Supply and...

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Shipping delays tie up finished leather in China; plastic pollution rages on in apparel industry

Shipping delays tie up finished leather in China; plastic pollution rages on in apparel industry

On Wednesday June 12, sellers reported moderate demand for hides, specifically from China, which encouraged sellers to hold firm...

USDA’s June WASDE offers few surprises to market

USDA’s June WASDE offers few surprises to market

The USDA released its latest World Agricultural Supply and Demand Estimates (WASDE) on Wednesday June 12, offering few surprises...

Hemp-derived THCa demand soars

Hemp-derived THCa demand soars

Demand for THCa hemp products is growing at an incredibly fast pace according to our informal survey of retailers....

DCO, CWG prices edge higher amid active demand

DCO, CWG prices edge higher amid active demand

The US market for animal fats and waste oils was fairly quiet on Tuesday June 11 following a spurt...

US animal protein exports in April fall month on month: USDA FAS

US animal protein exports in April fall month on month: USDA FAS

Fastmarkets’ price assessment for feathermeal, fob US Carolinas was $460-495 per short ton on Tuesday June 11, narrowing downward...

US spring, winter wheat quality ratings slip below weekly levels

US spring, winter wheat quality ratings slip below weekly levels

Chicago Mercantile Exchange grain prices mostly fell on Tuesday June 11, with the July CME wheat futures contract the...

Chinese buyers anticipate uptick in hide demand in Q3

Chinese buyers anticipate uptick in hide demand in Q3

Hide trading was minimal on Tuesday June 11, but several customers in China discussed an expected increase in buying...

US spot edible oil prices little changed in dull trade

US spot edible oil prices little changed in dull trade

Fastmarkets' basis assessments for soybean oil, crude/de-gummed, fob central Illinois and US Gulf were steady. 

July soybean oil...

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