The grain and feed CME market had fluctuating prices throughout the week, with substantial gains and losses. Recent reports from the USDA, including the October WASDE, export sales, and soybean crush, greatly impacted the market, leading to higher than usual volatility. On the other hand, clear skies are forecast across the US Heartland this weekend, enabling farmers to make progress with their harvest. Although there was minimal trading activity in the DDGS market, Iowa DDGS prices decreased slightly. Market participants noted that some previously closed plants have resumed operations. However, sources expect that significant adjustments are unlikely until November.
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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,...