Wheat Middling Values continue to move higher. Run-times have been solid, averaging about five days per week in Minneapolis, but demand out of the south-central states has been strong. Current demand has been holding supply at a “day to day” level, according market brokers. Prices out of Minnesota increased by five dollars per ton from last week. Kansas City and Wichita also are seeing a demand squeeze pushing values higher.
January through March are months where wheat midd prices generally tend to relax, but that is not the case this year. One merchandiser felt lack of DDGS supply may be a contributing factor in increased demand. Feed ration adjustments have been altered and wheat midd demand has accelerated. Current market pricing is far beyond normal for this time of year. Spot values approaching $175 per ton are $75 over pricing…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...