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Blog

Minimal Demand From Automotive Hide Tanners

Alexandra Watts | 02.14.2024

Midweek trading activity was minimal, but buyers and sellers continue to negotiate prices for a variety of hide material. Colorado Branded Steer (CBS) hides traded $0.50/piece lower than last reported levels for light and regular weight selections and $1/piece lower for the jumbo weight selection....

SBO Basis Lingers at Multi-Year Lows

In central Illinois, basis levels for crude-degummed and refined, bleached, and deodorized (RBD) soybean oil remain at multi-year lows....

Organic Soybean Meal Imports 2023

Data for organic soybean meal import volume in 2023 is available for...

Farm Bureau Endorses Industrial Hemp Act

Hemp attorney Courtney Moran with Agricultural Hemp Solutions (AHS) has indicated that...

Biofuel Canola OIl Demand Reaches Record Hight

U.S. biofuel policies had a strong impact on vegetable oil trade and demand during 2023. According to USDA...

Soybean Oil Nudges DCO Market Higher

Ten cars of edible tallow traded down a ½ cent per pound today at 54.5 cts/lb Chicago and ten...

Total 2023 FM and IE MM US Exports

Bloodmeal traded lower on Tuesday and there were reports of negative pressure on market due to two weeks of...

Corn and Wheat Export Inspections Rise, Soybeans Drop

Price ranges for corn gluten products remained relatively stable throughout the day. However, there were reports on corn gluten...

Steer Hide Supply is Building on Increased Slaughter

Bidding activity was slow today in the US hide market due to the holidays that are being celebrated around...

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04.15.2024

Soybean oil stocks climb as soybean crush reaches record high

The National Oilseed Processors Association (NOPA) reported the March soybean crush at an all-time high of 196.406 million bushels. This was largest crush on record, outpacing by 0.55%,...

04.15.2024

Soybean oil market adds negative pressure to DCO market

Distiller’s corn oil (DCO) traded in a range of 45.5 - 46 cents lb delivered US Gulf today on what was otherwise a quiet trading day.

The lower...

04.15.2024

Hog slaughter forecast lower into May

Market sources reported no trades outside the previously set ranges for animal proteins in the US for Monday April 15.

For the week ending April 20, 2024, hog...

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