USDA Livestock, Poultry & Grain Market News – Compared to two weeks ago, feed grade corn demand and activity moderate, trading five cents higher FOB with the bulk of market activity on forward contracts. Feed grade soybean demand and activity moderate, trading 1.04 lower FOB.
Trend on feed wheat not available due to lack of comparable trades. Soybean meal traded 26.34 lower on limited trades and light demand and activity. Soybean oil demand good, trading four cents higher. Forward contract activity organic grains very good.
Trade inactive on all other organic commodities. Trend on organic hay not available due to lack of comparable trades. According to the National Crop Progress Report published by NASS, planting is underway in the southern U.S.
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*All prices listed in US dollars