Most grain prices on the Chicago Mercantile Exchange fell on Tuesday August 6. The November soybean futures contract decreased by 14 cents per bushel to settle at $10.26 per bu, while September wheat increased by 3.75 cents per bu to close at $5.43 per bu.
Meanwhile, September soybean meal fell by $8.10 per short ton to $330.60 per ton, and September corn dropped by 2 cents per bu to $3.88 per bu.
Corn gluten meal prices showed a modest rise in the Midwest barge market, while corn gluten feed prices were steady across all regions on Tuesday. Market participants noted that the market has been relatively quiet, with one report indicating a slight increase for meal.
Crop progress
US crop conditions for soybeans showed improvement, while spring wheat remained steady from the previous week. However, corn conditions deteriorated in the week to Sunday August 4, according to the USDA’s weekly crop progress report released on…
11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
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California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
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US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...