Organic feed wheat prices remain steady. There is no clear indication on supply, which is preventing any dramatic price movement in organic feed markets. Conventional wheat markets suffer from the same uncertainty, but alleged scarcity on the horizon has not buoyed prices.
Wheat futures markets have been unmoved by recurrent news of supply issues. Similar forecasts a year ago – as well as in 2022 – warned of historically low supply that did not materialize, causing fatigue in traders over the issue. Russian and Ukrainian exports continue to grow and the novel circumstances affecting both production and shipping there make predictions difficult.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...