Market Update
At the start of the week, sources reported no major shifts in prices, keeping DDGs steady. Exports continue to be under pressure. Sources also reported participants are keeping a close eye on the upcoming crop progress report tonight.
CME grain pricing showed a positive trend today, apart from wheat which decreased to $6.46/st after falling $0.0325. Soybean prices increased, reaching $14.55/st after gaining $0.2775. Soybean meal increased by $3.00, jumping to $405.80/st, Furthermore, corn increased by $0.0500 to $4.92/st.
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01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...