Ethanol Stocks Continue to Climb, Reaching 3-Month High

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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. With the holiday approaching, the market has become tight as end users are unwilling to sell their feed, reporting both a lack of demand and issues with run time. Participants have pointed out that the markets may be exaggerated as individuals are stocking...

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Fed Steer Hide Demand Sparked after Offers Lowered

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...

Benchmark SBO Futures Slide below 50 cts/lb

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...

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

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

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

NY Governor Vetoes Hempseed Bill

NY Governor Vetoes Hempseed Bill

New York legislation to allow hempseed derivatives in feeds for a limited...

Renewable Fuel for Ocean-Going Vessels Act Introduced

Renewable Fuel for Ocean-Going Vessels Act Introduced

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

Record High UCO Imports in October

Record High UCO Imports in October

Trading was active at lower numbers today on continued limited demand and pressure from lower heating oil futures. Used...

2024 WASDE Production Expectations Varied

2024 WASDE Production Expectations Varied

Values reported for the day were within the previously set values. Contacts called the market quiet again, though wide...

Wheat Export Inspections Rise as Corn and Soybeans Plunge

Wheat Export Inspections Rise as Corn and Soybeans Plunge

CME grain prices were mixed on Tuesday. March wheat increased by $0.16, closing at $6.25/bu while January soybeans dropped...

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12.27.2024

US RD, SAF supplies remain strong despite declining import volumes

US RD, SAF supplies remain strong despite declining import volumes

US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...

12.27.2024

Animal fats and oils end week steady amid holiday-limited trades

Animal fats and oils end week steady amid holiday-limited trades

The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.

Weekly averages were unchanged from the prior week...

12.27.2024

Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap

Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap

US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...

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