Commodity prices have been moving higher over the last several weeks in many agricultural areas. Both grain and oil values have been surging and many reaching multi-year highs in the process. Corn gluten feed is among those commodities spiking in price. A contributing factor in the recent price surge is a large producer rumored to be having production problems. The issue has caused the producer to pull their quotes from market, triggering a perceived shortage in supply.
Some other buyers and producers feel this a minor blip and not reflective of current market values. However, some of them are currently running low or are out of supply as well. One report indicates that when supply for them resumes they will likely be a seller in the lower $200 per ton…
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...