Grain and feed items gained momentum throughout the week, primarily due to worries of dry weather in the Midwest leading to reduced yield prospects for corn and soybeans. This sent futures sharply higher Thursday, with corn reaching a two-month high. The weekly averages of DDGs and corn gluten had varying levels, yet DDGs began to fall, with a decrease seen in the MN/Dakotas market, down 1.5 and Illinois steady. This can be largely attributed to the climbing prices of corn and soybean meal, a factor which will further support the DDG market going forward.
…
01.13.2025
Glycerin prices unchanged; buyers, sellers cautious about market trend
80% crude glycerin prices are being quoted in the $0.17-0.20 per pound range this week. Kosher crude glycerin prices were holding near $0.25 per pound, while refined glycerin...
01.13.2025
Animal fats and oils market quiet following 45Z news; cattle slaughter projected to decline in coming weeks
The US animal fats and oils markets began the week on a quieter note on Monday January 13, as
01.13.2025
Weekly hog slaughter forecast at 2.57 million into February
US animal protein prices were steady day on day on Monday January 13.
Chicago Board of Trade (CBOT) March soybean meal moved higher for Monday on a round...