The latest USDA WASDE release was largely free from drama. Corn and wheat saw minor adjustments to their supply and demand balance sheets. Changes in corn assumptions were mostly cosmetic and did not flow into ending stocks. 50 million bushels of corn was removed from food and residual and transferred to ethanol use. Wheat saw projected imports decline by 10 million bushels, this translated to a 10-million-bushel reduction to…
11.19.2024
Glycerin trades for 2025, lack of supply expected to support pricing: sources
Glycerin offers for the first quarter of 2025 have been feeling out the market over the past several weeks. A trader confirmed buying small quantities of 80% crude glycerin...
11.19.2024
US animal fats and oils markets steady; Gulf demand remains strong
The US animal fats and oils markets remained largely steady on Tuesday November 19, with limited trading activity and most market discussions centered around...
11.19.2024
Missouri River bloodmeal prices higher; Mid-South pet food-grade poultry by-product narrows
US animal protein prices were steady to higher on Tuesday November 19.
Fastmarkets assessed meat and bonemeal, ruminant, Missouri River at $250-320 per short ton, steady day on...