Market Update
CME grain prices experienced a positive shift across the board. Even with an unexpected quality improvement from the USDA yesterday, corn still climbed to $4.94/st, up by $0.0225. Soybeans made the biggest gains of the day, driven by speculation of reduced production; it moved up by $0.1600 to $14.71/st. Soymeal saw a surge of $10.40 to reach $416.20/st, while wheat had a moderate rise of $0.1425, bringing its total to $6.60/st.
Crop Progress July 9
…
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...