Most CME grain prices witnessed a downward trend on Friday. The only grain that experienced an increase was December wheat, which jumped by $0.0825 and closed at $5.79/bu. November soybeans decreased by $0.0975 and settled at $12.80/bu. Additionally, December soymeal dropped by $2.90 and closed at $390.00/st., and December corn fell by $0.0275 to $4.93/bu. After the release of the USDA’s weekly export report, there was fluctuations in grain prices, leading most of them in the red to end the day. Despite this, wheat saw an upward trend, following other markets and receiving a boost from China, the primary buyer of U.S. wheat exports.
Weekly Export Sales – Released October 13, 2023
The weekly soybean export sales for October 5th in the marketing year 2023/24 amounted to 1,056.8 thousand metric tons (TMT). This represents an increase of 248.3 TMT compared to the total last week and exceeds the previous…
09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...