GCAU’s Push Lower; IE MM and FM April Exports Down from March

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GCAU’s Push Lower; IE MM and FM April Exports Down from March

Alexandra Watts | 06.13.2023

Only slight range adjustments were witnessed on the ruminant and porcine markets today. The push-pull tone has left both buyer and seller at a standstill on price direction. Increased offerings along with strong demand have pushed market pricing higher, however, relative feed items have diminished contract values have pulled spot trades lower. Wide ranges and unsettled tones remain for Tuesday.
Poultry-by items were under pressure for the day, witnessing a similar stance as the ruminant and porcine items. However, the ebb and flow on soybean...

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Corn and Soybean Conditions Continue to Slip

Corn and Soybean Conditions Continue to Slip

Market Update

Corn gluten products had limited trading activity since the Friday WASDE report....

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Growing Supply of Hides for Gelatin Industry

Growing Supply of Hides for Gelatin Industry

The US hide market was quiet today while sellers prepare their offer lists. Some sellers remarked on incoming inquires...

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RBD Soybean Oil Basis Heads Higher Again

RBD Soybean Oil Basis Heads Higher Again

Basis on refined, bleached, and deodorized (RBD) soybean oil in Illinois was up another 1.25 cents this week to...

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New Measures to Advance Organic Textiles, Ensure Provenance

New Measures to Advance Organic Textiles, Ensure Provenance

The

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Hemp Fiber Segment to Benefit from GOTS v 7.0

Hemp Fiber Segment to Benefit from GOTS v 7.0

The

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Rising Soybean Oil Cost Weighs on Biodiesel Margins

Rising Soybean Oil Cost Weighs on Biodiesel Margins

RBD Soybean Oil Premium to Crude Degummed Approaches 12-Cents
Surging soybean oil costs along with softer biodiesel pricing combined to...

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CWG Market Chases SBO Market Higher

CWG Market Chases SBO Market Higher

The market was mostly quiet today with market participants again opting to take a wait-and-see approach ahead of the...

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Hog Slaughter Into July Projected Slightly Above 2022

Hog Slaughter Into July Projected Slightly Above 2022

Limited trade was reported on Monday as most participants test the market following the USDA WASDE release on Friday.

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Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

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Sluggish trade volume keeps weekly animal protein prices flat

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US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

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