DDGs prices held steady in most locations, apart from the Minnesota/Dakota and Iowa markets which showed a slight decrease. Market participants noted some downward pressure in the market but also mentioned that plant issues are keeping spot values steady.
CME grain prices shifted higher across the board on Monday. March soymeal increased by $2.10/st and closed at $348.90/st. March soybeans increased by $0.095 and settled at $11.93/bu. Furthermore, March corn futures rose $0.015 to $4.30/bu, and March wheat increased by $0.0075 to $5.97/bu. The weather patterns in Argentina and Brazil continue to have an impact on grain prices as the expected rise in temperature starts to pressure crops. Corn and soybean prices displayed modest gains following a round of technical buying, while wheat showed a minor increase.
Weekly Soybean Crush
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01.07.2025
Biodiesel imports climb 10% from 2-year low; exports fall to lowest level since January 2024
US Census Bureau data released on Tuesday January 7 showed a monthly divergence in biodiesel imports and exports. Biodiesel import volume rose from a two-year low last month, climbing...
01.07.2025
Packer BFT trades higher; rising HO/SBO prices lift UCO sentiment
Three railcars of packer-grade bleachable fancy tallow (BFT) traded higher at 45 cents per lb, Chicago basis on Tuesday January 7.
Apart from this trade and continued activity in choice...
01.07.2025
Poultry by-product pet grade lower on export unease, possible winter weather in Mid-South, Southeast
US animal proteins had limited price changes indicated on Tuesday January 7 due to a quiet tone reported by multiple market sources.
Price pressure was reported on poultry-related...