Pressure continues to be reported on DDGS for the week, even with a slight upturn on the CME grains and a steady call on corn futures. A low of $190/st ws indicated in Iowa while $195/st was the bottom end of the range for Mn/Dakotas, Indiana, Michigan, and Ohio.
CME grain pricing showed significant jumps in most grains. Soybean oil futures experienced a great gain, with a rise of 3.5 percent. Corn prices, however, were affected by the dip in crude oil, decreasing by $0.0150 to $5.92/st. Soybeans experienced an increase of $0.2975 to $13.29/st, while soymeal rose by $8.00 to $401.40/st and wheat rose by $0.1650 to $6.10/st.
Weekly ethanol production increased from last week, after remaining…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...