Grain and feed items had a quiet trading week, which was anticipated as the market gears up for next Friday’s WASDE report. This will feature the initial estimates of corn and soybean yields for 2023 which are expected to drive considerable price fluctuations. The values for DDGS remained consistent as market participants anticipate prices to be under pressure as corn futures fell and pushed cash corn prices lower.

Prices for corn gluten products have been steady throughout the week, and sources point to logistic difficulties as a contributing factor. However, there was one reported trade showing an increase in corn gluten meal for CIF NOLA.

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