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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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...