Thursday, December 13, 2018 2:22PM CST
A number of representatives from biofuel interest groups testified in opposition to a proposal in the U.S. House of Representatives to replace the Renewable Fuel Standard with a national octane standard.
Thursday, December 13, 2018 11:52AM CST
Despite a global potash price at its highest level in three years, the outlook for the market is for more capacity than new demand. A fertilizer analyst believes this situation will put pressure on potash producers with smaller, higher-cost production facilities.
March corn was up 1/4 cent, January soybeans were down 1 1/4 cents, and March KC wheat was up 5 cents.
Expect lean hog futures to start out moderately lower, checked by board premiums and softening carcass value. The cattle complex should open on a mixed basis as traders position ahead of cash potential.