DDGs prices held steady in most locations, apart from the Minnesota/Dakota and Iowa markets which showed a slight decrease. Market participants noted some downward pressure in the market but also mentioned that plant issues are keeping spot values steady.
CME grain prices shifted higher across the board on Monday. March soymeal increased by $2.10/st and closed at $348.90/st. March soybeans increased by $0.095 and settled at $11.93/bu. Furthermore, March corn futures rose $0.015 to $4.30/bu, and March wheat increased by $0.0075 to $5.97/bu. The weather patterns in Argentina and Brazil continue to have an impact on grain prices as the expected rise in temperature starts to pressure crops. Corn and soybean prices displayed modest gains following a round of technical buying, while wheat showed a minor increase.
Weekly Soybean Crush
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01.06.2025
SkyNRG Washington SAF plant to receive $1.5 million planning grant
The $1.5 million grant is intended for use in engineering, permitting and logistics studies towards the planning of the facility, which will produce 50 million gallons of SAF per...
01.06.2025
Animal fat prices in Gulf show upward pressure; weekly hog slaughter increases
The US animal fats and oils markets began the week of Monday January 6 on a relatively active note as trading gradually picks up following the holiday season.
01.06.2025
Potential January ILA port strike weighs on market sentiment
US animal proteins prices were steady day on day on Monday January 6 amid an impending port strike.
A January 15 deadline is set for the International Longshoremen’s...