Corn Gluten Meal Prices Move Higher
Corn gluten meal prices pushed higher this week. The COVID pandemic has changed eating habits for many consumers. Prior to the pandemic, US consumers ate 51 percent of their meals outside the home. Since the pandemic the number had dwindled as low as five percent for a low. More specifically, shoppers began gravitating to more grain and oilseed related products, which has led to an increase in corn gluten demand.
Another factor supporting prices is reduced gasoline demand. With consumers driving less the demand for gasoline has fallen sharply, which has led to an equal reduction in the demand for ethanol, which is roughly 10 percent of the gasoline blend. One of the by-products from ethanol production is corn gluten…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...