Winter Wheat Emerged at 91 Percent, Favorable Conditions Follow

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Winter Wheat Emerged at 91 Percent, Favorable Conditions Follow

Alexandra Watts | 11.28.2023

Trading for corn gluten products was relatively steady today. Sources reported one trade on CIF NOLA for corn gluten meal which resulted in a decline in the current price range. Meanwhile, other sources observed a lack of activity, reporting no change.

CME grain prices were mixed on Tuesday. December wheat saw an increase of $0.095, closing at $5.43/bu, and January soybeans recorded a rise of $0.1675, settling at $13.46/bu. In addition, December soymeal dropped by $8.40 to $450.30/st. and December corn...

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Packers Push to Move Hides Ahead of Lunar New Year Holiday

Packers Push to Move Hides Ahead of Lunar New Year Holiday

US packers were active in the market today. Heavy native steers traded at steady prices whereas regular weight butt branded...

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Spot Palm, Coconut Oil Prices Firm to Higher

Spot Palm, Coconut Oil Prices Firm to Higher

Physical palm oil prices were firm to slightly higher on Tuesday, tracking another session of marginal gains in palm...

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Mixed Reports on 2023 Organic Corn Crop

Mixed Reports on 2023 Organic Corn Crop

End users continue to limit their inventories of organic feed grains in...

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Texas Researcher Embarks on Long-term Hemp Feed Trials

Texas Researcher Embarks on Long-term Hemp Feed Trials

The National Institute of Food and Agriculture (NIFA) -- part of the...

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Appeals Court Strikes Down EPA’s Denial of SREs

Appeals Court Strikes Down EPA’s Denial of SREs

*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.

On...

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Cattle Slaughter Forecast Lower to Close out 2023

Cattle Slaughter Forecast Lower to Close out 2023

The market was very quiet today coming off of the long holiday weekend. Most were getting their logistics and...

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Hog Slaughter Forecasted Above 2022 Into December

Hog Slaughter Forecasted Above 2022 Into December

Pressure on ruminant meat and bonemeal continues to be reported on accounts of excess offerings from slowed/diminished export trade....

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Weekly Grain Inspections: Corn, Soybeans, and Wheat Drop on Week

Weekly Grain Inspections: Corn, Soybeans, and Wheat Drop on Week

There were a few trades reported on DDGS today. Market participants noted that prices found some support due to...

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

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12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

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12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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