Grain Export Sales Fall Within Analyst Estimates

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Grain Export Sales Fall Within Analyst Estimates

Alexandra Watts | 12.07.2023

CME grain prices had an upwards trend on Thursday. March wheat increased by $0.0875, closing at $6.42/bu, and January soybeans jumped by $0.1625, settling at $13.11/bu. In addition, January soymeal dropped by $1.70 to $406.80/st. and March corn rose by $0.0375 to $4.88/bu. Soybean prices have soared by double digits fueled by concerns over Brazil's production capabilities, along with strong export sales in the U.S. Similarly, corn prices rose as a result of positive export sales data released by the USDA. Market players are...

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U.S. Cattle Slaughter Overview

U.S. Cattle Slaughter Overview

Sources reported a lack of trading activity in the hide market today, with no new reports. Market participants continue...

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Growing Concerns over the Absence of Shoe Upper Tanneries

Growing Concerns over the Absence of Shoe Upper Tanneries

Argentina

December 7

Slaughter totaled 1.19 million heads in November, the same quantity as last October and...

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Weaker Biofuel Margins Expected in Near Term

Weaker Biofuel Margins Expected in Near Term

** Amanda Luhavalja will be out of the office until Friday December 8. In her absence, please contact Bob...

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International Animal Proteins 7.12.2023

International Animal Proteins 7.12.2023

Trading was steady to lower this week with negative pressure reported in the export and destination markets. Sources indicated...

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Organic Soybean Imports Decline

Organic Soybean Imports Decline

Imports of organic soybeans declined in the prior marketing year. The official...

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Cannabinoid Segment Clings to Industrial Hemp Segments for Safety

Cannabinoid Segment Clings to Industrial Hemp Segments for Safety

Tension is rising in the pan-cannabis space as varying interests vie for...

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Biomass-Based Diesel Imports on Pace to Capture 31% of D4 Mandate

Biomass-Based Diesel Imports on Pace to Capture 31% of D4 Mandate

U.S. biodiesel imports slowed during October, pulling back from September’s multi-year high of 55.4 million gallons. Despite the pull-back,...

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DCO Production Second Highest Week for 2023

DCO Production Second Highest Week for 2023

A negative tone continued in the animal fats market today and there was trading done at lower levels. Choice...

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