U.S. Weekly Ethanol Production Drops Below One Million bpd
Market participants reported two trades today, resulting in an uptick in price ranges for Minneapolis and Kansas City, while...
Trading was mostly steady today with few changes reported. There is some pressure on the feathermeal market with sellers indicating pushback from buyers. Meat and bone meal (MBM) was mostly rangebound today, but there is some expectation that the upcoming harvest and negative seasonal pressure in the soybean meal market could weigh on protein values in the near term.
US Protein Exports
Feathermeal (FM) had year-on-year increases for the first seven months of 2023. Inedible meatmeal (IE MM), however, h...