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Blog

Harvest Pressure Continues to Push Soybeans Lower

Alexandra Watts | 09.18.2023

Sources reported one trade on DDGS today with a slight decrease in the MN/Dakotas price range. Market sources also reported that bids for DDGS appear to be getting lower as lower corn and soybean meal prices begin to impact feed prices.

CME grain pricing had a downward trend today. December corn decreased by $0.0475, falling to $4.71/bu. December wheat fell by $0.1300, dropping to $5.91/bu. November soybeans shifted down, with a decrease of $0.2350 and settling at $13.16/bu. Additionally, October soymeal prices fell...

UAW Strike Continues, Hide Trading is Limited

US hide trading was limited following the weekend due to minimal demand. The majority of the market continues to...

Vegetable Oil Futures Sink to Open New Week

Cash vegetable oil markets were quiet to open the new week. Crude corn oil indications in the Midwest were...

Organic Soybean Meal Tests Current Floor

Organic soybean meal prices are attempting to find a bottom. Prices are now...

Weekly Hemp Recap

Last Week’s Hemp Commentary

Hempseed Feed...

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Soybean Oil Stocks Fall to 71-Month Low, Crush Reaches 11-Month Low

The National Oilseed Processors Association (NOPA) reported the August soybean crush at 161.453 million bushels, 6.8 percent below the...

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Animal Fat Market Continues to Trend Higher

The market was very quiet today with the only action coming from a bid to buy four cars of...

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2023/’24 GCAU’s Push Lower From Prior Forecasts

Diminished trade along with market unease led to a generally flat market tone for the week. Most adjustments were...

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Sausage Casings Bulletin Sep15th, 2023

*Please note,

As a result of changes in trading patterns, Fastmarkets The Jacobsen proposed to change the price assessment methodology and pricing for...

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Blog

Harvest Pressure Continues to Push Soybeans Lower

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