CBOT Wheat Futures Drop to Three-Month Low
Trading activity for DDGS remained steady today, as reports align with current price ranges. Market participants noted that a...
Monday trade was light with the start of the week and ahead of the release of the WASDE report on Tuesday September 12th. Slaughter levels have been injected into most conversations with contacts, as expected diminished offerings weigh on market sentiment for closer sessions.
For the week ending September 16th, cattle slaughter is forecast at 640,000 head, a 4.9-percent decrease from 2022 but a 14.5-percent incline from last week due to the Labor Day holiday weekend. Over the next six weeks, cattle slaughter...