**No Bulletin/Price Guide Published on Monday, May 29 in observance of the Memorial Day holiday.**
Wheat midds, on Minn and Kansas City, were higher today on indications of very short offering levels. Out front pricing is expected to push downward on accounts on increased inventories. Trading out front has been called “limited” due to market uncertainty and the upcoming holiday weekend.
Weekly ethanol production dropped from last week, though values have remained under one million per day mark for the fifth week in a row. A decrease of 4,000 bpd from the prior week bumped totals down to 983 thousand barrel-per-day average for week ending May 19th. Ethanol output was 0.4 percent below last week and 3.0 percent under year ago levels for the respective week. DDGS fell 381 MT from the week prior to 93,491 MT. This is below last year levels by 2,948 MT for the respective…
07.26.2024
US Court of Appeals sends SRE decision back to EPA; soyoil prices tumble on potentially lower biofuel demand
On Friday July 26, the US Court of Appeals vacated at least some of the blanket small refinery exemption (SRE) denials made by the Environmental Protection Agency (EPA) in...
07.26.2024
Animal fats and oils trade freezes following soybean oil market drop on SRE report
Trading in the animal fats and oils market was quiet on Friday July 26; the California yellow grease market the only one to rise, with prices up to 31-32...
07.26.2024
Porcine bloodmeal, Missouri River, moves higher week on week; June commercial cattle, hog slaughter
US animal protein prices were highly mixed in the week to Friday July 26, with limited trade on both Thursday July 25 and on Friday. Porcine bloodmeal was the...