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Blog

Animal Proteins – International 14.12.23

Alexandra Watts | 12.14.2023

**Please Note - Chloe Krimmel will be out of the office until Tuesday, December 19th. In her absence, please contact Ryan Standard at [email protected] with any questions, comments or trading.
The market was fairly quiet this week with few changes reported. Prices were marginally lower into the Asian markets this week. Australian values were unchanged and New Zealand trading was steady to lower, mirroring the import markets.
The MLA reported cattle...

Organic Trade Flows in Transition

Organic grain and oilseed trade flows remain in flux. Importers at the...

LCFS Credit Trading Volumes, Prices Decline

**Bob Lane will be out of the office this week, returning on Monday, December 18, 2023. In his absence, please...

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Strong Distiller’s Corn Oil Production Continues

It was a mostly quiet day, but there was a flurry of late afternoon activity. Four cars of packer...

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Quiet Tone Remains at Midweek

Participants in the animal proteins sector continued to report a quiet tone, leading to generally steady values for midweek....

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Ethanol Stocks Continue to Climb, Reaching 3-Month High

Reports indicate that the price range for wheat midds has increased in Minneapolis, Kansas City, and Buffalo....

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Fed Steer Hide Demand Sparked after Offers Lowered

Midweek activity in the US hide market was firm after a slow start to the week. Several sellers tried...

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Benchmark SBO Futures Slide below 50 cts/lb

With cash trading for vegetable oils still incredibly quiet, basis indications on soybean oil in central Illinois and in...

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Food Prices Decline in Recent CPI; Fed Holds Fast on Interest Rates

Lower prices for food at home are a welcome...

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