U.S. Soybean Harvest Approaches Completion, Corn at 71 Percent

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U.S. Soybean Harvest Approaches Completion, Corn at 71 Percent

Alexandra Watts | 10.31.2023

Most CME grain prices witnessed an upward trend on Tuesday. The only grain that experienced a decrease was December wheat, which dropped by $0.0975 and closed at $5.56/bu. November soybeans increased by $0.0425 and settled at $12.87/bu. Additionally, December soymeal rose by $4.50 and closed at $431.00/st., and December corn rose by $0.005 to $4.78/bu. Soybeans experienced the most positive movement due to the anticipation that the USDA's upcoming monthly report will reveal the highest ever September soybean crush. In addition, wheat...

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Butt Branded Steers Drop $1 From Last Traded Levels

Butt Branded Steers Drop $1 From Last Traded Levels

Hide sellers communicated little trading activity since last week, except for regular weight butt branded steers, which traded $1...

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Crude Corn Oil Prices Climb on Active Buying

Crude Corn Oil Prices Climb on Active Buying

During the last full week of October, indications for spot crude corn oil in the Midwest shot higher on...

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Uncertainty Persists in Organic Feed Markets

Uncertainty Persists in Organic Feed Markets

Organic soybean markets have been disjointed in the wake of several novel...

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Nebraska Targets Delta-8 THC Retailers

Nebraska Targets Delta-8 THC Retailers

States continue to take drastic action on hemp derived cannabinoids.  Nebraska’s attorney...

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Phillips 66 Confident Renewable Diesel Project Will Ramp-up Q1 2024

Phillips 66 Confident Renewable Diesel Project Will Ramp-up Q1 2024

Several questions surround Phillips 66 first quarter 2024 start-up of the RD refinery at Rodeo. The most pressing matter...

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Cattle Slaughter Forecast Higher into November

Cattle Slaughter Forecast Higher into November

The market was very quiet today with no changes reported. Many seemed to be happy to take a wait-and-see...

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Hog Slaughter Remains Above 2022 Into November

Hog Slaughter Remains Above 2022 Into November

Limited trade was reported for the start of the week, most likely due to proximity of the end of...

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Weekly Soybean Crush Margins Jump 13 Percent W-O-W

Weekly Soybean Crush Margins Jump 13 Percent W-O-W

There were a few trades reported on DDGS today. Market participants highlighted that despite an increase in production, lower...

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