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…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...