U.S. Ethanol Stocks Hit 2-Year Low, Production Surges

Blog

U.S. Ethanol Stocks Hit 2-Year Low, Production Surges

Trading activity for wheat midds was steady in Buffalo and central states. Participants reported that the market was quiet with very slow business today.

Most CME grain prices witnessed an upward trend on Wednesday. The only grain that experienced a decrease was October soymeal, which dropped by $2.50 and closed at $395.90/st. November soybeans increased by $0.0325 and settled at $13.49/bu. Additionally, December corn rose by $0.0575, reaching $4.82/bu, and December wheat surged by $0.0975 to $5.97/bu. Wheat outperformed all grai...

Read More
Looming UAW Contract Expiration Adds Negative RIsk to Market

Looming UAW Contract Expiration Adds Negative RIsk to Market

Midweek trading was active for cow hides. Dairy cow and native cow prices increased today $1-$2 per piece on...

Cash SBO Basis Edges Lower on Waning Demand

Cash SBO Basis Edges Lower on Waning Demand

In central Illinois, crude-degummed (CD) and refined, bleached, and deoderized (RBD) soybean oil basis levels edged lower. CD soybean oil...

First Organic Soybean Meal Deliveries Recorded from Russia, Turkey in July

First Organic Soybean Meal Deliveries Recorded from Russia, Turkey in July

Organic soybean meal prices have found some...

Missouri Regulators Look Behind the Curtain at Wholesale Extractor

Missouri Regulators Look Behind the Curtain at Wholesale Extractor

Enormous volumes of smokable hemp flower entered cannabis markets in 2019.  This...

Lower Trending Economic Data Seen Holding Diesel Demand Below 2022 Levels

Lower Trending Economic Data Seen Holding Diesel Demand Below 2022 Levels

The U.S. Energy Information Administration (EIA) released the September Short Term Energy Outlook (STEO) today. The report showed a...

History Suggests Lower Prices, Market Mostly Steady

History Suggests Lower Prices, Market Mostly Steady

The overall tone of the market was steady today with both buyers and sellers fairly quiet. Edible tallow did...

September WASDE Release Estimates Lower Production

September WASDE Release Estimates Lower Production

For Tuesday, light trade broke into brisk activity with the release of the WASDE (World Agriculture Supply and Estimates)....

USDA Raises Corn Production, Soybeans Decrease

USDA Raises Corn Production, Soybeans Decrease

Trading activity for corn gluten products has been consistent. Participants noted various offers for meal, but prices...

Blog

10.16.2024

US biofuel margins improve as production uncertainty climbs

US biofuel margins improve as production uncertainty climbs

Biofuel margins have shown a significant increase over the past couple of weeks, with feedstock prices moving lower while renewable identification number (RIN) values have climbed, Fastmarkets heard on...

10.16.2024

Technical tallow trades higher on otherwise quiet day in US fats and oils market

Technical tallow trades higher on otherwise quiet day in US fats and oils market

The US market for animal fats and oils was quiet on Wednesday October 16, with many industry participants in Nashville for the American Fats and Oils Association meeting.

10.16.2024

Light trade volume leaves most animal protein products prices flat

Light trade volume leaves most animal protein products prices flat

US animal proteins were steady to lower on Wednesday October 16, with the only price change on porcine bloodmeal, Iowa/Missouri/Nebraska.

Fastmarkets assessed bloodmeal, porcine, fob IA/MO/NE at $875-970...

Latest Tweets