Grain and feed items were mixed throughout the week. The market experienced limited trading activity, as participants prepared for the Wednesday USDA WASDE announcement and adjustments to the CBOT prices. After the release of the WASDE, the report revealed more available grains in the U.S. than anticipated for the 2023/24 period. DDGs in the Midwest moved lower this week due to scattered movement in corn and soybean prices. Participants report plant production is still on the rise, with plenty of DDGs around in a tight-demand domestic and export market.
Corn gluten products remained steady throughout the week, weak exports and lack of demand continues to be the main concern in the market.
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01.15.2025
DOE, USDA release updated GREET, CSA models
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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
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The...