The overall tone to the market was flat for the day for grain feed. The CME on the other hand, saw price swings due to conflict with Ukraine, a major exporter of wheat. CME corn and soybean items remained relatively flat when compared with other trading days. Wheat midds for Tuesday were unchanged. Participants in the wheat midds reported an active market but remained rangebound on pricing due to limited run times paired with diminished resources.

DDGs-ethanol remained within the previously set ranges, though some minor adjustments were witnessed for DDGs-beverage. Contacts, however, reported a mixed tone with some lower pricing noted for the current session and an optimistic tone out front, with increased production this past week over the start of the new year. Corn gluten feed and corn gluten meal saw varied pricing, based on method of shipments as continued bottlenecks and worker absenteeism weighs on some regions more than others.

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