Reports indicate that the price range for wheat midds has increased in Minneapolis, Kansas City, and Buffalo. With the holiday approaching, the market has become tight as end users are unwilling to sell their feed, reporting both a lack of demand and issues with run time. Participants have pointed out that the markets may be exaggerated as individuals are stocking up on mill feed in anticipation of the holiday. Reports also indicate a decrease in corn gluten meal prices for Chicago rail, as well as Midwest barge and rail.
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05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...