There was a significant amount of trading in grain and feed products this week. DDGS prices have increased in the Iowa market, while other values have remained steady. Cold weather has slowed down most ethanol plants in the area last week, leading to tighter supply and higher offers. Corn gluten feed dropped slightly, and corn gluten meal continues to decline as wet mills are not running properly in these current temperatures. Wheat midds decreased in the Kansas City, Minneapolis, and Buffalo markets as sources reported a similar market situation last year with a downward trend.
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05.13.2024
US glycerin prices mostly steady amid increasing biodiesel production
Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of...
05.13.2024
Weekly cattle slaughter forecast to remain below 2023 levels into June
US cattle slaughter
Fastmarkets research team forecast cattle slaughter at 630,000 head in the week to Saturday May 18, down by 1.61% compared with the same period in 2023.
05.13.2024
Six-week hog slaughter forecast to be flat or up from 2023
US hog slaughter
Fastmarkets research team forecast hog slaughter at 2.425 million head in the week to Saturday May 18, up by 0.75% from the same period in 2023.