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Blog

US weekly corn, soybean export inspections drop; wheat climbs

Alexandra Watts | 11.12.2024

Weekly export inspections
Export inspections of US grains showed a decline for corn and soybeans in the week to Thursday November 7, while weekly wheat volumes increased, according to data from the USDA released on Tuesday November 12.

Corn export inspections reached 793,012 tonnes, down by 0.6% from the previous week, but up by 10.4% year on year.

The top export destinations were Mexico (393,104 tonnes), Colombia (136,377 tonnes) and Spain (71,495 tonnes).

Yellow corn made up the majority...

Hide shipments resume following halt of Canadian port strikes

Several market participants were active in the market on Tuesday November 12, selling a moderate volume of steer hides...

US cash soybean oil market remains quiet, futures sink

Soybean oil cash trading in the US remained quiet on Tuesday November 12.

Traders continued to sit on...

Funding key to organic dairy profitability

Organic dairy products are the top grossing category in organic markets, with over $1.6 billion in sales recorded in...

Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost

Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean...

DCO starts the week higher; hog slaughter increases slightly

Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was...

US cattle slaughter continues to fall behind 2023 levels

Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.

US soybean meal futures continue to face pressure

The Chicago Mercantile Exchange soybean meal futures have faced significant downward price pressure in recent weeks, driven by a...

Canadian port strikes disrupt hide trade flow

The US hide market began the week starting Monday November 11 following an active weekend of cow hide trading...

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

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