Soybean Meal Price in Central Illinois Reaches 3-Month High

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Soybean Meal Price in Central Illinois Reaches 3-Month High

Sources have reported light trades on DDGS today, a rise for the price range in Minnesota/Dakotas and a slight increase in Iowa. Participants have noted that the market has been moving higher primarily due to the continuous increase in export demand and meal exports.

CME grain prices shifted higher across the board on Monday. December soymeal surged by $19.70 and closed at $469.10/st. January soybeans increased by $0.35 and settled at $13.82/bu. Furthermore, December corn rose by $0.1325, reaching $4.77/bu, and December wheat...

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Bearish Outlook on Hide Prices in Near-Term

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The US hide market started the week with some carryover business for packer hides at steady to current market...

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U.S. soybean oil prices ended slightly higher on Monday, alongside gains in crude oil markets and a rally in soybean...

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Organic soybean prices remain depressed....

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*Please Note – Bob Lane was out of the office today and will return on Monday, November 13, 2023.

Chevron...

Limited Trading Leads to Mostly Flat Market Week-on-Week

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Three cars of packer BFT traded down to 50 cts/lb Chicago today, and UCO traded lower out of the...

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Animal Protein Market Trends Lower Despite Soybean Meal Strength

Please note – Chloe Krimmel was out of the office on Friday and will return on Monday, November 13th....

Sausage Casings Bulletin November 10th, 2023

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Runner Market Commentary
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09.18.2024

Waste plastic can improve SAF without increasing pollution, study says

Waste plastic can improve SAF without increasing pollution, study says

Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...

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US animal fats, oils prices mixed as DCO production hits 2-month low

US animal fats, oils prices mixed as DCO production hits 2-month low

US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...

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US animal proteins prices steady; potential port strike could affect stocks, prices, sources say

US animal proteins prices steady; potential port strike could affect stocks, prices, sources say

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Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...

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