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Blog

Export Inspections of Corn and Soybeans Decline

Alexandra Watts | 03.12.2024

Prices for corn gluten meal and corn gluten feed have remained steady as sources reported within the current price ranges listed on The Jacobsen Price Guide. Market participants noted the market was quiet to start the week, with very little demand out there.

CME grain prices shifted higher on Tuesday. May soymeal increased by $2.00/st and closed at $339.20/st. May soybeans increased by $0.1675 and settled at $11.96/bu. May corn remained unchanged at $4.41/bu, and May wheat increased by $0.0025 to $5.47/bu. Corn...

Automotive Tanners Pay Higher Prices For Steer Hides

Trading for Heavy Native Steer (HNS) hides and Butt Branded Steer (BBS) hides, commonly used by automotive tanners, traded...

Soybeans, Soybean Oil Futures Rally

Soybean oil, canola oil, and corn oil cash market indications were largely unchanged on Tuesday from the prior trading...

Organic Soybean Meal Imports test Current Price Floor

While organic feed commodities seek bottom, growers continue to scrutinize their spring...

Crude & Kosher Crude Glycerin Values Edge Lower

Glycerin prices are mostly flat to lower today. Refined prices continue to hold at last week’s levels while...

Slowing Hog Slaughter Adds Risk for Tighter Fat Supply

Lard was offered out and unsold today at 40 cts/lb Chicago. Outside of the lard market, the trade was...

Ruminant Meat and Bonemeal Trades Higher in Several Regions

Ruminant meat and bonemeal (MBM) was higher out of several regions on Monday, with multiple accounts of strong demand...

Soybean Crush Margins Rebound from Previous Lows

DDGS prices have dropped in the Channahon, IL, Indiana, and Ohio markets on Monday, while other locations remained steady....

Hide Demand Firm Ahead of APLF

Several in the US hide market have travelled to, or are preparing to travel to the APLF conference in...

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Blog

04.15.2024

Soybean oil stocks climb as soybean crush reaches record high

The National Oilseed Processors Association (NOPA) reported the March soybean crush at an all-time high of 196.406 million bushels. This was largest crush on record, outpacing by 0.55%,...

04.15.2024

Soybean oil market adds negative pressure to DCO market

Distiller’s corn oil (DCO) traded in a range of 45.5 - 46 cents lb delivered US Gulf today on what was otherwise a quiet trading day.

The lower...

04.15.2024

Hog slaughter forecast lower into May

Market sources reported no trades outside the previously set ranges for animal proteins in the US for Monday April 15.

For the week ending April 20, 2024, hog...

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