Market Update

At the start of the week, sources reported no major shifts in prices, keeping DDGs steady. Exports continue to be under pressure. Sources also reported participants are keeping a close eye on the upcoming crop progress report tonight.

CME grain pricing showed a positive trend today, apart from wheat which decreased to $6.46/st after falling $0.0325. Soybean prices increased, reaching $14.55/st after gaining $0.2775. Soybean meal increased by $3.00, jumping to $405.80/st, Furthermore, corn increased by $0.0500 to $4.92/st.

Weekly Soybean Crush

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