DDG prices were lower in the Channahon, IL, Indiana, Illinois, Iowa and Ohio markets, while other regions remained steady on Monday April 8. Market participants said that values were lower despite the stronger cash corn price this past week and lower plant production. Sources anticipate that prices will stabilize for the remainder of the month because of the shutdown season.
CME grain prices were mixed on Monday. May wheat fell $0.015, closing at $5.65/bu, and May soybeans decreased by $0.035, settling at $11.81/bu. Additionally, May soymeal rose by $2.90 to $336.00/st, and May corn increased by $0.0125, reaching $4.35/bu. Soybean and wheat prices closed lower today due to a wave of technical selling, while corn recorded gains following indications of hot weather in the Southern and Central Plains that could potentially dry out soil moisture.
Weekly Soybean Crush
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...