Corn gluten meal prices have edged higher this week as export demand has been stronger than earlier and the main supportive factor besides the uptick in soybean meal futures. Relative prices have drifted lower as corn gluten meal prices have not kept pace with the strength in soybean meal futures. Significantly weak relative prices to soybean meal should help draw buyer’s attention to corn gluten meal as this continues to be a buyers’ market. …
04.22.2024
Animal fats and oils commentary: CWG prices fall on pressure from DCO
Steady slaughter levels, lower prices into the US Gulf for all feedstocks and lower prices for distillers’ corn oil (DCO) in the Midwestern markets have all weighed on the...
04.22.2024
Cattle slaughter more in line with 2023 as May nears
US cattle slaughter
Fastmarkets research forecasts cattle slaughter at 625,000 head in the week to Saturday April 27, less than half a percent lower than the same period in...
04.22.2024
Central Illinois soybean crush margins hit 5-week high
DDG prices remained steady in all regions on Monday April 22. Market sources said demand remains flat, and reported steady values that align with current price ranges.