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Blog

US soybean, corn conditions unchanged; winter wheat beginning to emerge

Alexandra Watts | 09.24.2024

US crop conditions for soybeans and corn were unchanged in the week to Sunday September 22, according to the US Department of Agriculture’s weekly crop progress report released on Monday September 23.

Corn
Corn dented was reported at 92%, up by 7 percentage points from the previous week’s total but down by 2 percentage points year on year.

Corn maturity was reported at 61%, up by 16 percentage points from the previous week but down by 4 percentage points from last year’s...

US hide trading unbothered by Colombia’s reversed ban on US beef

Trading was minimal in the US hide market on Tuesday September 24, expect for cowhides, which traded flat to...

Cash soybean oil prices climb amid rally in futures, firm basis

US soybean oil cash trading remained largely quiet, with nearby basis indications little changed to a touch stronger in...

Airline JetBlue signs MoU with Aether Fuels for SAF supply

US-based airline JetBluehas signed a Memorandum of Understanding with sustainable aviation fuel (SAF) startup Aether Fuels to purchase fuel...

US fats prices unchanged at start of week; cattle slaughter forecast raised slightly for October

The US fat market was quiet on Monday September 23, with no changes to start the new week.

US rendered poultry meal market concerned over looming port strike

Trading was quiet in the US animal protein market on Monday September 23, with no changes reported.

Market...

Central Illinois soybean crush margins hit 1-month high

The soybean crush margin in Central Illinois increased to a one-month high, up by 9.9% week on week but...

Unwavering EUDR to put damper on hide trade to EU; reduced cattle slaughter tightens hide availability

The US hide market was relatively quiet in terms of trading on Monday September 23, with the main discussion...

US biodiesel supply chain ‘could grind to halt’ without tax credit guidance

“Simply put, without immediate safe harbor guidance, the entire biodiesel supply chain could grind to a halt, resulting in...

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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