Based on reports, DDGS appear to be stable, apart from one active trade. According to market participants DDGS in MN/Daks seem to be lower and under pressure due to continued drops in corn futures and lower cash corn prices.
CME grain pricing was mixed today following favorable rains over the weekend, which raised the likelihood of higher soybean yields this year. Corn slid $0.0200, dropping to $4.82/bu and wheat increased by $0.2450 jumping to $6.57/bu. Soybeans followed other grains lower decreasing by $0.3875, settling at $13.48/bu. Furthermore, soymeal prices dipped by $3.40 to $419.20/st.
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09.18.2024
Waste plastic can improve SAF without increasing pollution, study says
Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...
09.18.2024
US animal fats, oils prices mixed as DCO production hits 2-month low
US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...