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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09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...