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Blog

Corn Export Sales Exceed Expectations, Wheat Falls Short

Alexandra Watts | 11.16.2023

Most CME grain prices had a downward trend on Thursday. The only grain with an increase was December corn, which rose by $0.04 and settled at $4.74/bu. December wheat dropped by $0.07 and closed at $5.53/bu. Additionally, December soymeal fell by $2.40 and closed at $466.80/st., and January soybeans decreased by $0.2475 to $13.60/bu. The USDA released export sales data that exceeded expectations, leading to an increase in corn prices. Meanwhile, soybean prices suffered a double-digit loss, largely due to the anticipation of upcoming...

Slow US Hide Trading Today

Hide trading was limited Thursday as buyers remain firm with their lower bid prices. The material that was traded...

US Government to Accept Paraguayan Beef in December

Argentina

November 16

Slaughter returned to normal levels and the price of fresh and salted hides...

Midwest RBD Soybean Oil Indications Ease

Physical soybean oil markets remained quiet and under some additional pressure this week. In central Illinois, prompt crude-degummed soybean...

International Animal Proteins 16.11.2023

The international protein market was generally stagnant for the week. Prices were wider into Indonesia and China with new...

Thanksgiving Organic Turkey Slaughter Increases in 2023

Food prices and broader economic conditions play a significant role in organic...

Hemp Fiber Specs Key to Industry Development

There is a growing cohort of hemp fiber processors in the U.S.,...

October Soybean Crush Hits Record High, Oil Stocks Lowest Since December 2014

The National Oilseed Processors Association (NOPA) reported a record high monthly soybean crush of 189.774 million bushels during October....

Strong DCO Production Continues

**Please Note – Ryan Standard will be out of the office from Friday, Nov 17 through Friday Dec 1....

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Corn Export Sales Exceed Expectations, Wheat Falls Short

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