Grain futures slide following April WASDE release

Blog

Grain futures slide following April WASDE release

Alexandra Watts | 04.11.2024

Most CME grain prices were on a downward trend on Thursday. The only grain that showed an increase was May soymeal, which rose $4.70 and closed at $335.60/st. May soybeans shifted down $0.055 to $11.59/bu. Furthermore, May corn dropped $0.055 to $4.28/bu, and May wheat fell $0.0675 to $5.51/bu. The latest WASDE report from the USDA contained a combination of bullish and bearish data. However, market players seemed to focus on the fresh reminder of large domestic and global grain stocks, resulting in a...

Read More
Most hides trade steady or lower than current market levels

Most hides trade steady or lower than current market levels

Today’s trading in the US hide market had a softer tone on most items, except for small volumes of...

READ MORE

European farmers continue to protest environmental regulations

European farmers continue to protest environmental regulations

Argentina

April 11, 2024

In March, Slaughter totaled 1.05 million head, which was up1% from February but...

READ MORE

Bearish WASDE leans on already weak SBO futures

Bearish WASDE leans on already weak SBO futures

US soybean oil futures on the Chicago Mercantile Exchange (CME) were down in early trading and continued to fall after...

READ MORE

High relative price to sobyean meal cuts demand for US porcine MBM

High relative price to sobyean meal cuts demand for US porcine MBM

Trading was flat in the international market this week with no changes reported. The trade dynamics remained the same...

READ MORE

USDA takes broad approach to bolstering domestic organic supply

USDA takes broad approach to bolstering domestic organic supply

Domestic organic supply has been an ongoing concern for USDA. In 2021...

READ MORE

USCC urges lawmakers to take action on hemp-derived cannabinoids

USCC urges lawmakers to take action on hemp-derived cannabinoids

Edward Conklin, the executive director of the U.S. Cannabis Council (USCC) sent...

READ MORE

CARB seeks to incentivize higher LCFS price

CARB seeks to incentivize higher LCFS price

In September 2023 the California Air Resources Board (CARB) released the Standardized Regulatory Impact Assessment (SRIA) aimed at changing...

READ MORE

Tallow trades in wide range into the US Gulf

Tallow trades in wide range into the US Gulf

Tallow traded higher into the US Gulf market today at 41 and 44 cents lb delivered. Trading into and...

READ MORE

Articles by Topic

Blog

03.14.2025

Sausage casings bulletin, March 14, 2025

Sausage casings bulletin, March 14, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is r...

READ MORE

03.07.2025

Sausage casings bulletin, March 7, 2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
Table 1

Membership required to view content.


Table 2

...

Membership is...

READ MORE

03.03.2025

EASA releases EU SAF mandate penalty reference prices

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

READ MORE

Latest Tweets

Twitter feed is not available at the moment.