Ethanol Production Drops, Stocks Hit 11-Month High

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Ethanol Production Drops, Stocks Hit 11-Month High

Recent reports indicate a drop in price ranges for wheat midds in the Kansas City and Minneapolis markets. Market participants voiced the ongoing pressure in the market and stated that the market seems to be close to a possible bottom.

Most CME grain prices were higher on Wednesday. The only grain market with a decrease was March wheat, which dropped by $0.15 and closed at $5.71/bu. March soybeans jumped by $0.0275 and settled at $11.34/bu. Additionally, March...

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Long-Term Contract Behind Massive Increase of Wet Blue Sales to Hong Kong

Long-Term Contract Behind Massive Increase of Wet Blue Sales to Hong Kong

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BOHO Spread Reaches 4-Year Low on Falling Soybean Oil Values

BOHO Spread Reaches 4-Year Low on Falling Soybean Oil Values

** Amanda is out of the office until Friday, March 1. In her absence, please contact Bob Lane -...

Organic Soybean Imports Slide

Organic Soybean Imports Slide

U.S. organic soybean imports declined in 2023 by 17 percent.  Exporters in...

Russia’s Announced Six-Month Ban on Gasoline Could be Bearish for RINs

Russia’s Announced Six-Month Ban on Gasoline Could be Bearish for RINs

Russia declared a six-month export ban on gasoline effective on March 1, 2024. The ban is intended to...

Gulf UCO Market Resilient Despite Sinking Margin Environment

Gulf UCO Market Resilient Despite Sinking Margin Environment

Used cooking oil (UCO) traded higher into the Gulf market today, up to 41 cts/lb delivered. Tallow trading was...

Wide Bid-Offer Levels Emerge in Animal Protein Markets

Wide Bid-Offer Levels Emerge in Animal Protein Markets

A push-pull undertone was witnessed on animal proteins for Tuesday, due to the persistent downward trend on soybean meal...

Corn, Soybean and Wheat Futures Overview

Corn, Soybean and Wheat Futures Overview

CME grain prices were mixed on Tuesday. March wheat increased by $0.0875, closing at $5.86/bu while March soybeans dropped...

Automotive Tanners in China Increase Buys

Automotive Tanners in China Increase Buys

Sellers reported moderate activity to start the week with most bids a few dollars lower than current market levels....

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03.27.2024

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois Legislation Aims to Create a Clean Transportation Standard

Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...

03.27.2024

Sellers see steady to higher prices on interior market trades

Sellers see steady to higher prices on interior market trades

Distiller’s corn oil (DCO) traded higher into the Manly, IA market today, topping out at a high of 47.75 cents lb. Trading into the Gulf and on an FOB...

03.27.2024

Aprill broiler slaughter forecasted below 2023

Aprill broiler slaughter forecasted below 2023

The proximity of the extended Easter holiday weekend kept some participants off the market at mid-week, leaving values generally steady.

Poultry by-product pet grade was reported lower in...

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