U.S. Ethanol Stocks Hit 2-Year Low, Production Surges

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U.S. Ethanol Stocks Hit 2-Year Low, Production Surges

Alexandra Watts | 09.13.2023

Trading activity for wheat midds was steady in Buffalo and central states. Participants reported that the market was quiet with very slow business today.

Most CME grain prices witnessed an upward trend on Wednesday. The only grain that experienced a decrease was October soymeal, which dropped by $2.50 and closed at $395.90/st. November soybeans increased by $0.0325 and settled at $13.49/bu. Additionally, December corn rose by $0.0575, reaching $4.82/bu, and December wheat surged by $0.0975 to $5.97/bu. Wheat outperformed all grai...

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Looming UAW Contract Expiration Adds Negative RIsk to Market

Looming UAW Contract Expiration Adds Negative RIsk to Market

Midweek trading was active for cow hides. Dairy cow and native cow prices increased today $1-$2 per piece on...

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Cash SBO Basis Edges Lower on Waning Demand

Cash SBO Basis Edges Lower on Waning Demand

In central Illinois, crude-degummed (CD) and refined, bleached, and deoderized (RBD) soybean oil basis levels edged lower. CD soybean oil...

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First Organic Soybean Meal Deliveries Recorded from Russia, Turkey in July

First Organic Soybean Meal Deliveries Recorded from Russia, Turkey in July

Organic soybean meal prices have found some...

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Missouri Regulators Look Behind the Curtain at Wholesale Extractor

Missouri Regulators Look Behind the Curtain at Wholesale Extractor

Enormous volumes of smokable hemp flower entered cannabis markets in 2019.  This...

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Lower Trending Economic Data Seen Holding Diesel Demand Below 2022 Levels

Lower Trending Economic Data Seen Holding Diesel Demand Below 2022 Levels

The U.S. Energy Information Administration (EIA) released the September Short Term Energy Outlook (STEO) today. The report showed a...

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History Suggests Lower Prices, Market Mostly Steady

History Suggests Lower Prices, Market Mostly Steady

The overall tone of the market was steady today with both buyers and sellers fairly quiet. Edible tallow did...

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September WASDE Release Estimates Lower Production

September WASDE Release Estimates Lower Production

For Tuesday, light trade broke into brisk activity with the release of the WASDE (World Agriculture Supply and Estimates)....

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USDA Raises Corn Production, Soybeans Decrease

USDA Raises Corn Production, Soybeans Decrease

Trading activity for corn gluten products has been consistent. Participants noted various offers for meal, but prices...

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09.20.2024

BOHO spread reaches two-month high

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

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09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

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09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

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