Market Update
Wheat midds were reported as highly mixed for the week on a combination of increased production schedules, hit-and-miss demand, volatility on the CBOT, and persistent accounts of reformulations on animal feed. MN and Buffalo were stronger for the day while KC was lower. Kansas City was reduced to $160-170/st due to higher crushing levels weighing on tones. Meanwhile, active demand levels in MN and Buffalo have led to values similar to KC in the near term. Also affecting the market is higher cattle grazing as well as lower head counts than previously expected.
CME grain pricing was scattered, with corn dropping $0.0375 to $6.04/st due to potential rain in the central U.S. and technical selling. Soybeans managed to post…
01.10.2025
Canadian government awards $11 mln in renewable fuels grants
Canada’s federal government announced on Tuesday January 7 more than C$11 million in grants to support the development of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel.
01.10.2025
Draft 45Z guidance shakes UCO markets, boosts prospects for domestic feedstocks
Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the...
01.10.2025
Sausage casings bulletin, January 10, 2025
Runner market commentary
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