Based on reports, DDGS appear to be stable, apart from one active trade. According to market participants DDGS in MN/Daks seem to be lower and under pressure due to continued drops in corn futures and lower cash corn prices.
CME grain pricing was mixed today following favorable rains over the weekend, which raised the likelihood of higher soybean yields this year. Corn slid $0.0200, dropping to $4.82/bu and wheat increased by $0.2450 jumping to $6.57/bu. Soybeans followed other grains lower decreasing by $0.3875, settling at $13.48/bu. Furthermore, soymeal prices dipped by $3.40 to $419.20/st.
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09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...