Wheat Export Sales Hit MY High, Exceeding Expectations

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Wheat Export Sales Hit MY High, Exceeding Expectations

Alexandra Watts | 10.13.2023

Most CME grain prices witnessed a downward trend on Friday. The only grain that experienced an increase was December wheat, which jumped by $0.0825 and closed at $5.79/bu. November soybeans decreased by $0.0975 and settled at $12.80/bu. Additionally, December soymeal dropped by $2.90 and closed at $390.00/st., and December corn fell by $0.0275 to $4.93/bu. After the release of the USDA's weekly export report, there was fluctuations in grain prices, leading most of them in the red to end the day. Despite this, wheat...

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Shoe Tanners Expand into Other Leather Markets to Stay in Business

Shoe Tanners Expand into Other Leather Markets to Stay in Business

The US hide market wrapped up the week with trading done at steady price levels with yesterday's close. Packers...

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Vegetable Oil Futures Rebound on Buying

Vegetable Oil Futures Rebound on Buying

Cash indications for vegetable oils closed the week with a whimper. Traders attributed the quiet market tone to soft...

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Organic Chicken Slaughter Picks up in October

Organic Chicken Slaughter Picks up in October

Organic chicken slaughter is rebounding as seasonal consumption prompts an increase in...

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Maryland Judge Offers Reprieve to Hemp-derived Cannabinoid Operators

Maryland Judge Offers Reprieve to Hemp-derived Cannabinoid Operators

Maryland recently introduced laws that stipulated only licensed marijuana dispensaries could carry...

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WASDE: Biofuel Industry Soybean Oil Demand Rises, Soybean Yield Falls

WASDE: Biofuel Industry Soybean Oil Demand Rises, Soybean Yield Falls

The October World Agriculture Supply and Demand Estimates (WASDE) were released earlier today. The 2022/23 soybean crush was reduced...

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Demand Destruction Continues to Drive Fats, UCO, DCO Prices Lower

Demand Destruction Continues to Drive Fats, UCO, DCO Prices Lower

Trading was sharply lower again today despite what seems to be a stabilization in the RIN markets and trading...

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WASDE Pushes SBM Values Higher, Heightening Animal Protein Unease

WASDE Pushes SBM Values Higher, Heightening Animal Protein Unease

Most values on animal proteins were flat for the day with trading reported within the previously set ranges. The...

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International Animal Fats 12.10.23

International Animal Fats 12.10.23

Trading in the US interior was sharply lower this week on a big drop in the renewable fuel credit...

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09.19.2024

SAF roadmap, collaborations announced at Bali International Airshow

SAF roadmap, collaborations announced at Bali International Airshow

At the event, coordinating minister for maritime affairs and investment Luhut Binsar Pandjaitan said he would call on Indonesian state-owned oil and gas company Pertamina to collaborate with airlines...

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09.19.2024

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

US Gulf UCO prices edge higher; feedstock costs, REG Geismar fire create uncertainty, sources say

The US animal fats and oils markets — apart from used cooking oil (UCO) — were stable on Thursday September 19, with attention shifting toward broader macroeconomic trends.

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09.19.2024

Animal protein prices steady; August cattle, hog slaughter down

Animal protein prices steady; August cattle, hog slaughter down

US animal proteins were rangebound on Thursday September 19.

August commercial cattle, hog slaughter
Commercial cattle slaughter for August was at 2.66 million head, based on the USDA’s...

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