Beware the Ides of March: Late, wet start for 2019 planting?

January and February saw substantial snowfall accumulation across the northern Central Plains, raising concerns about the volume of the spring thaw. The storm during Mar. 9-10 brought additional snowfall and blizzard conditions across the Dakotas, Minnesota, Wisconsin, and northern Michigan. Another event is forecast [...]

U.S. HFCS export fell 2 percent in 2018

USITC data for December show the U.S. exported 73,330 MT (dry weight) of HFCS during the month: 3,375 MT of HFCS-42 and 69,955 MT of HFCS-55, which raised cumulative 2018 HFCS exports to 1.046 MMT, slightly lower than annual exports in 2016 and 2017. [...]

WASDE: USDA lowers corn use, raises soybean crush

Today’s WASDE report confirmed the market’s expectation for lower corn utilization for ethanol, which USDA lowered by 25 million bushels, to 5.550 billion bushels. USDA also lowered U.S. corn exports by 75 million bushels, a move that was less expected but not out of [...]

768 million pounds of soybean oil went to biodiesel in December

In December, U.S. biodiesel producers surpassed August’s previous record soybean oil utilization by more than 60 million pounds and delivered a year-over-year increase of 29 percent. Biodiesel production totaled 168 million gallons, up 13.5 percent YOY and slightly higher than the average YOY increase [...]

Slowdown in corn oil production

Crude edible corn oil production in December—182.6 million pounds—was up 4 percent from November but down 7 percent from December 2017. Cumulative crude corn oil production totaled 2.1 billion pounds in 2018, down 10 percent from 2017. Processors used 202.9 million pounds of crude [...]

Come join us for our Spring Market Seminar on April 24, 2019!

Consumer Trends: How changes in consumer behavior impact the ingredients you buy Across the news, lifestyle magazines, and social media, every window we have into the wider world highlights a shift in our taste for what we eat and drink. We could well [...]