Chicago Mercantile Exchange grain prices fell on Monday July 15, with the August CME soybean futures contract decreasing by 27 cents per bushel to settle at $10.78 per bu and August soymeal dropping by $5 per short ton to $333.80 per ton.
Meanwhile, the September CME corn futures contract declined by 11.50 cents per bu to $3.90 per bu, and September wheat futures fell by 18.25 cents per bu to close at $5.32 per bu.
Distillers’ dried grain (DDG) prices dropped in the Minnesota/Dakotas and Iowa markets on Monday, while holding steady in other regions. Market participants noted that the cash corn price remains an issue following the recent acreage report. The market seems caught in a persistent trend, with continued pressure on prices.
Weekly soybean crush
The crush margin in Central Illinois increased in the week to Friday July 12, according to the National Weekly Grain Co-Products Report released by the USDA on…
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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.
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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...
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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)...