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 down 3/4 cents, January soybeans were down 5 1/4 cents, and March KC wheat was down 3 cents.
Live and feeder contracts are likely to open cautiously mixed as traders consider the likelihood of late-week cash strength. Lean hog issues should also begin with uneven price action as spot December prepares to expire.