Market Update
Wheat midds were weaker in both Kansas City and Buffalo due to post-holiday volatility. Even though sources indicated central states experiencing robust demand, farm mills operating normally, and relatively tight markets; unsettled tones pressured central states further. However, the Northeast region had very weak demand, as farm mills are starting to pick up some run times.
CME grain pricing showed a downward trend today, apart from corn which increased to $4.99/st after a $0.1375 jump. Soybean prices decreased, reaching $14.48/st after falling $0.2050. Soybean meal decreased by $1.90, down to $408.20/st, Furthermore, wheat dropped by $0.1625 to $6.58/st.
Weekly Ethanol Update
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01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...