DDGS prices saw mixed results, ultimately increasing for the day because of firmness in the corn and soybean markets. Corn futures have been in a weather-sensitive state, leading analysts to anticipate volatility in DDGS prices and other feed values in the months ahead during the growing season. Poor crop conditions and weak export demand for DDGS have been reported by sources.
CME grain prices made an upswing today, except for wheat, which dropped $0.0900 and settled at $7.24/st. Corn rose by $0.0650 to reach $6.37/st, while soybeans increased by $0.2650 and hit $15.21/st. Soybean meal jumped by $3.90 to $414.60/st.
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01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
Most US animal protein prices were flat to up day on day on Tuesday January 14. Animal protein products were slow to start the week, with light volumes traded,...