Based on reports, DDGS appear to be trading sideways, but rail prices seem to be gaining some momentum. Participants have reported that domestic demand is promising due to the corn to soybean meal ratio, which may possibly lead to increased interest in exports.
CME grain pricing was mixed today, showing wheat decreasing to $6.53/st after falling $0.0775. Soybean prices increased, reaching $14.84/st after gaining $0.0375. Soybean meal increased by $10.60, jumping to $434.40/st, Furthermore, corn decreased by $0.0725 to $4.99/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...