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Blog

Auto Production Recovered But Sales Remain Weak

Alexandra Watts | 06.28.2023

Trading was active midweek with most buyers paying higher than last traded prices. Processor branded steers increased $1, signifying increased hide demand than several weeks ago. Branded steers are in high demand from buyers for processor and packer material.
Colorado branded steers and heavy dairy steers traded $1 higher than last traded levels as well. Interest for this material was from tanners in China and Korea.
Branded cows saw improvement of $0.75 on northern and $0.50 on southwestern. These trades are the first...

Bean Oil Futures Pull Back on Rainy Weather Forecasts

Soybean oil futures moved lower on Wednesday, as participants booked profits after the nearby contract settled above 60 cents...

Trading Remains Slow in Organic Grain Markets

Organic grain sales activity is slow. There is barely any new crop...

New York Steps Up Enforcement of Unlicensed Cannabis Stores

New York State Governor Kathy Hochul announced last week the result of...

Tallow Prices Climb Higher on Tight Supply, Strong Demand

*Please Note – Ryan Standard will be out of the office until July 10, 2023. Please contact Amanda Luhavalja...

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Quiet Tone for Tuesday; Pasture and Range Conditions Mixed

Trades on animal proteins for the day were indicated as generally steady with most participants communicating a quiet start...

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Drought Continues to Expand, Crop Conditions Suffering

Market Update

Corn gluten items have been volatile, resulting in broad price ranges. Interest...

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Heifer Hides Well Sold

Packers complied their offer lists yesterday and today to release tonight, which is expected to be similar to last...

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Oil/Meal Spreading Lifts SBO Markets off Early Losses

Global vegetable oil prices ended mixed on Tuesday. Palm oil futures gave back initial gains, closing lower overnight. Profit-taking amid...

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01.14.2025

EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook

The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...

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01.14.2025

DCO tracks soybean oil prices higher; fats markets unchanged

Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.

Membership required to view content., published...

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01.14.2025

USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate

Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...

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