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Blog

Corn, Soybean, and Wheat Export Sales Fall Below Expectations

Alexandra Watts | 01.05.2024

Most CME grain prices had a downward trend on Friday. The only grain price that increased was March wheat, which jumped $0.025 and closed at $6.16/bu. March soybeans decreased $0.1125 and settled at $12.56/bu. Additionally, March soymeal dropped $6.80 and closed at $369.40/st, and March corn fell by $0.0575 to $4.60/bu. Soybean prices have dropped by double-digits as beneficial rains and moderate temperatures continue to cover key soybean-producing regions in Brazil. Fluctuations in the dollar have influenced wheat prices t...

Chinese Tanners Actively Buying US Cow Hides

Sellers of cow hides reported an active week of hide sales in following the New Year holiday. Demand from...

Domestic Soybean Oil Exports Increase in Final Week of 2023

U.S. soybean oil exports for 2023/24 totaled 600 tonnes (MT) during the week ending December 28, 2023, the USDA’s...

Jobs Data Raises Hopes for Growing Demand for Organic Animal Proteins

The December jobs report released today once again surprised analysts with an...

LCFS Credit Trading Volumes Drop, Prices Rise

*Please Note – Bob Lane will be out of the office through Friday, January 5, 2024, returning on Monday,...

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Limited Trade Reported for Thursday

Participants in the animal protein sector continued to indicate mostly flat pricing levels for the first trading week of...

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UCO Trades Higher into EU Market, Negative Pressure Persists in US and ANZ

The beginning of 2024 has been somewhat quiet with not a lot of activity reported to start the new...

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U.S. Weekly Ethanol Production Drops, Stocks Rise

Reports suggest the price range for wheat midds decreased in Minneapolis and Kansas City, while Buffalo increased....

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Heavy Supply of Jumbo Weighted US Steer Hides

Buyers were active in the hide market today, bidding on cow and jumbo weighted steer material. Some sellers stated...

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Blog

Corn, Soybean, and Wheat Export Sales Fall Below Expectations

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