Grain Prices Press to Six-Year Highs
Soybean and soybean meal values are trading at their highest levels since 2014. Adverse weather conditions in South America combined with export troubles in Argentina are over shadowing concerns over the mutated strain of Coronavirus moving from Europe to countries around the world.
Prices are not just rising in the soybean complex, corn and wheat prices are trading at or near highs not seen since 2014 as well. Strong export demand for corn is continuing to buoy prices and wheat is well supported as Russia tightens the amount they allow for export. Weather remains key in South America and could allow for soybeans to move higher if production is seen as falling in South America, given the tight stocks seen in the US.
DDGS pricing is…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...