CME grain pricing experienced an uptick across most grain items. After the USDA reduced their quality rating, corn prices gained momentum, increasing by $0.1050 to $6.08/st. Soybean prices made modest gains as traders balanced their positions ahead of the next WASDE report, increasing by $0.0325 to $13.53/st. Meanwhile, soymeal dropped by $4.50 to $396.70/st, and wheat rose by $0.0375 to $6.27/st.
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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...