Throughout the week, the CME market for grain and feed faced notable fluctuations amid USDA’s latest reports, including export sales data and the grains and oilseeds outlook, which showed significant yield forecasts. These projections, combined with current weather conditions, placed downward pressure on the grain markets.
DDG prices stayed consistent in most locations this week, while the Minnesota/Dakota and Iowa markets faced a slight decrease. Market participants noted some downward pressure in the market, but also mentioned that plant issues kept spot values steady.
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