Processing Delay Slows Corn Gluten Feed Supply

Processing Delay Slows Corn Gluten Feed Supply

 

Corn Gluten Feed Reaches Multi-Year High

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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.12.2024

Glycerin prices seen supported by declining biodiesel margins

Glycerin prices seen supported by declining biodiesel margins

Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....

11.12.2024

Animal fats and oils prices stable amid losses in vegoil markets

Animal fats and oils prices stable amid losses in vegoil markets

"I think the big drop in soybean oil had everyone take a pause,” one source said.

December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...

11.12.2024

Meat and bonemeal, bloodmeal higher on active demand

Meat and bonemeal, bloodmeal higher on active demand

Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.

Porcine meat and bonemeal prices were steady to higher according to sources...

Latest Tweets