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…
01.09.2025
Additional 45z guidance expected on January 10
Information addressing the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA) is expected to be released on Friday January 10, according to several sources speaking with...
01.09.2025
Prices for US animal fats and oils unchanged; market tightness persists
The US animal fats and oils markets were unchanged on Thursday January 9, as trade slowed following an active start to the week.
Participants continued to report stable pricing in...
01.09.2025
Averted ILA port strike eases animal protein market tension; November dog, cat food exports rise
US animal protein prices were steady on Thursday January 9. With the International Longshoremen’s Association (ILA) port strike avoided, sources expect unease to diminish to a degree. However, trade...