Limited Trading on Grain By-Products

Limited Trading on Grain By-Products

Trading activity for grain and feed items was limited this week due to the ongoing effects of the heat wave, which is still causing a lack of moisture in the Heartland. However, there are indications that the heat will begin to weaken later tonight, and there is a chance of light showers in the West-Central Plains, Upper Midwest, and Eastern Corn Belt. While trading activity for DDGS remained consistent this week, with sources reporting within current ranges, market participants observed an increase in demand with limited supply. It is anticipated by certain sources that the supply will remain tight until September.

There were no changes observed in the market for corn gluten products this week, as no active trades were reported. Although some market participants mentioned a potential decrease in prices for corn gluten feed, it has not yet been confirmed as other sources reported within current ranges.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

09.20.2024

BOHO spread reaches two-month high

BOHO spread reaches two-month high

The BOHO spread rose sharply on Friday September 20 to its highest since late July, as October soybean oil futures on the Chicago Mercantile Exchange traded higher and ultra-low-sulfur...

09.20.2024

US animal fats, oils finish week stable to higher; SBO hits monthly high

US animal fats, oils finish week stable to higher; SBO hits monthly high

The US animal fats and oils markets closed the week to Friday September 20 unchanged, with limited trade reported.

The only notable movement was in the Midwest yellow grease market,...

09.20.2024

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

Poultry by-product meal pet grade lower in Southeast; Sept on-feed cattle higher year on year

US animal proteins were steady to slightly lower on Friday September 20. The only price change was on the Southeast poultry by-product meal pet grade due to increased production....

Latest Tweets