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.

Weekly Soybean Crush

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