Grain & Feed Ingredients

Grain & Feed Ingredients

 

Bean Meal Breaks Through Resistance Following Crop Report

Soybean meal futures prices gyrated on Tuesday following a crop report that showed soybeans planted were at a record high. Analysts leading up to todayโ€™s USDA report largely anticipated the data showing farmers are planning to divert farmland previously dedicated to corn into soybean acres, causing prices of the oilseed and meal to sag this month.

While projections were forโ€ฆ

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01.27.2025

Animal fats start week quiet despite strong US, European demand

Animal fats start week quiet despite strong US, European demand

Bleachable fancy tallow (BFT) was quiet in the Chicago market on Monday January 27, following gains late in the previous week, though offers for Gulf deliveries continued to emerge...

01.27.2025

Animal protein trade volume down with IPPE attendance; lower cattle on feed numbers due to fewer heifers

Animal protein trade volume down with IPPE attendance; lower cattle on feed numbers due to fewer heifers

Sources continued to report limited trade for US animal proteins on Monday January 27; several market participants were reported to be traveling to attend the International Production and Processing...

01.27.2025

Central Illinois soybean crush margin climbs 14% amid rising soymeal prices

Central Illinois soybean crush margin climbs 14% amid rising soymeal prices

In the week to Friday January 24, the soybean crush margin in Central Illinois increased by 14% week on week and by 5% year on year, according to the...

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