Grain and feed items gained momentum throughout the week, primarily due to worries of dry weather in the Midwest leading to reduced yield prospects for corn and soybeans. This sent futures sharply higher Thursday, with corn reaching a two-month high. The weekly averages of DDGs and corn gluten had varying levels, yet DDGs began to fall, with a decrease seen in the MN/Dakotas market, down 1.5 and Illinois steady. This can be largely attributed to the climbing prices of corn and soybean meal, a factor which will further support the DDG market going forward.
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09.18.2024
Waste plastic can improve SAF without increasing pollution, study says
Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...
09.18.2024
US animal fats, oils prices mixed as DCO production hits 2-month low
US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...